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...
Employee (PAYE) Tax Credit

Employee (PAYE) Tax Credit

Employee (PAYE) Tax Credit Minor updates have been made to Tax and Duty Manual Part 15-01-07. The Manual relates to section 472 of the Taxes Consolidation Act 1997 which provides for a tax credit known as the “Employee Tax Credit” or “PAYE Tax Credit” to an individual...
Preferential Loans

Preferential Loans

Preferential Loans Tax and Duty Manual Part 05-04-01 has been updated to reflect changes made to the tax treatment of preferential loans as a result of Finance Act 2017. The Finance Act 2017 amendment ensures that a taxable benefit arises on an employee (or his or her...
Share schemes

Share schemes

Share schemes The material contained in the Tax and Duty Manuals listed below has been incorporated into the relevant chapters of the new Share Schemes Tax and Duty Manual. Part 05-04-07 – Notional Loans relating to shares Part 05-05-04 – Share Options...
Notification to be a qualifying company

Notification to be a qualifying company

Notification to be a qualifying company To be treated as a qualifying company under section 110 TCA 1997, a company must notify Revenue that it is, or intends to be, a qualifying company. In order to be a ‘qualifying company’ a company must meet certain conditions,...