Enhanced Reporting Required by Employers
Starting in January 2024, employers will have an obligation to furnish specific information regarding payments issued to directors and/or employees. This obligation will be part of an Enhanced Reporting mandate imposed by Revenue. Where an employer makes a payment...
Rent Credit Eligibility
It has been reported that just over half of eligible individuals for rent credit are missing out and yet to register. To avail of rent credit, the landlord has to be registered with the Residential Tenancies Board, for the tenant to qualify. This requirement aims to...
Changes for Non-Resident Landlords
From 1st July 2023, the system in which non-resident landlords declare income tax on rental income received is changing. Currently, If you are a non-resident landlord, to pay tax on your irish rental income you have two options: engage the services of a collection...
Revenue Level 1 Compliance Intervention – Share Options
Revenue have recently written to a number of taxpayers with a ‘Notification of Level 1 Compliance Intervention Re: Tax Liability of Share Options Exercised’. Below, we will provide an explanation of what this letter means and the steps involved. So, what does this...