Acquisition by a company of its own shares

Acquisition by a company of its own shares

Acquisition by a company of its own shares Tax and Duty Manual Part 06-09-01 has been updated to clarify the circumstances in which Revenue will regard a buy-back of shares as benefiting the trade. The following instructions outlines the basic principles involved in...
Tax treatment of flight crew members

Tax treatment of flight crew members

Tax treatment of flight crew members Tax and Duty Manual Part 05-05-29 outlines the provisions of Section 127B Taxes Consolidation Act (TCA) 1997. The section provides for the taxation (under Schedule E) of employment income arising to a flight crew member in respect...
Home Carer Tax Credit

Home Carer Tax Credit

Home Carer Tax Credit Tax and Duty Manual Part 15-01-29 (Home Carer Tax Credit) has been updated to reflect the changes made in Finance Act 2017. From 1 January 2018, the Home Carer Tax Credit is increased to €1,200 for the tax years 2018 on-wards. Some of the...
Tax and Duty Manual no longer relevant

Tax and Duty Manual no longer relevant

Tax and Duty Manual no longer relevant Tax and Duty Manual Part 15-02-07 is no longer relevant. It was a point in time manual notifying that the Commencement Orders for Section 48 of the Finance Act 2000 (Film Relief) were signed on 20 August 2000. (Source: Revenue)...
Share Schemes Manual

Share Schemes Manual

Share Schemes Manual Revenue has published a new Share Schemes Tax and Duty Manual which consolidates all of the existing guidance material in relation to share schemes. The new Manual also contains new guidance on certain matters, for example on the Key Employee...
PAYE and USC Regulations – Emergency Tax

PAYE and USC Regulations – Emergency Tax

PAYE and USC Regulations – Emergency Tax The examples provided in Tax and Duty Manual Part 42.04.24a in relation to Emergency Tax have been updated. Emergency Tax basis for an employee who does not provide a PPS number -In circumstances where an employee, who on...
MyEnquiries enhancements

MyEnquiries enhancements

MyEnquiries enhancements The Tax and Duty Manual Part 37-00-36 has been updated accordingly as follows. New section ‘Customer Service Standards’ (Section 1.3). Decommissioning of Secure eMail (Section 5) Separate ‘Submitting and managing Enquiries’ sections for Agents...