Benefit-in-Kind – Private use of Company Cars Tax and Duty Manual Part 05-04-02 has been updated to provide additional guidance regarding: the tax treatment of company cars (and related running costs) for benefit-in-kind purposes the exemption from benefit-in-kind for...
The tax treatment of cryptocurrency transactions Tax and Duty Manual Part 02-01-03 has been created to clarify how the normal tax rules apply to transactions involving cryptocurrencies. It sets out the treatment under Income Tax (IT), Corporation Tax (CT), Capital...
e-Working and Tax Tax and Duty Manual Part 05-02-13 – e-Working and Tax – has been updated to incorporate material previously published in leaflet IT 69. (Source: Revenue) Subscribe or FollowFor regular tips, tricks and payroll updates, enter your email on...
Reminder to Income Tax filers about their self-assessment for the year ended 31 December 2016 Revenue has sent out a reminder that income Tax filers are required to file their 2016 Tax Return and pay their liabilities on or before 31 October 2017. They are also...
Stamp Duty refund scheme for land developed for residential purposes Part 7 of the Stamp Duty Manual has been updated to include a new chapter 14 which outlines the provisions of section 83D of the Stamp Duties Consolidation Act 1999. The section, introduced in...
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 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...
Tax treatment of income arising from the provision of short-term accommodation A new Tax and Duty Manual Part 04-01-20 has been created to provide guidance on the tax treatment of income arising from the provision of short-term accommodation in circumstances where a...
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 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)...
