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Revenue extends reduction on BIK for company cars
In March 2020, Revenue introduced an amendment on BIK due to the Covid Pandemic, as many employees were not driving for business purposes. The new measure allowed employees with company cars to calculate their monthly BIK due based on the business kilometres driven in...
Flat Rate Expenses Amendments Deferred
Further to our blog on 05th December 2019, Revenue have confirmed they have deferred any amendments to flat rate expenses until 2022. This, they say, is due to the major changes to the labour market caused by the pandemic. As covered in our previous blog, 20th...
Additional “Re-start Week” available for businesses
The Minister for Finance, Paschal Donohoe, announced last week, an addition to the Covid Restrictions Support Scheme (CRSS). Businesses can now claim for an additional week’s payment to assist them in reopening after a period of 3 weeks or more of Covid restrictions....
Income Tax Deadline Extension
Revenue have issued confirmation that the Pay and File Deadline for 2019 Income Tax Returns will be extended to Thursday 10th December 2020. In order to qualify for this new extension, taxpayers much pay and file through ROS. If not, or only 1 of these actions are...