Revenue seize herbal cannabis at Shannon Airport

Revenue seize herbal cannabis at Shannon Airport Today, (13/01/2021) as a result of routine operations, Revenue officers seized 1.1kg of herbal cannabis at Shannon Airport. The smuggled drugs, with an estimated value of €22,000, were discovered concealed in large packets of sharing crisps that were contained in a parcel that had originated in Spain and […]

Revenue confirms Debt Warehousing Scheme remains available to support businesses impacted by current Level 5 restrictions

Revenue confirms Debt Warehousing Scheme remains available to support businesses impacted by current Level 5 restrictions Today (13/01/21) Revenue confirmed that the Debt Warehousing Scheme remains available to support businesses experiencing tax payment difficulties arising from the current COVID-19 Level 5 public health restrictions, which are to remain in place until at least 31 January […]

eBrief No. 002/21 – Stock relief – farming trades updated

Revenue eBrief No. 002/21 13 January 2021 Stock relief – farming trades updated Tax and Duty Manual Part 23-02-02 sets out guidance on a tax deduction for farmers for increases in stock values, which is known as “stock relief” and is provided for by section 666 of the Taxes Consolidation Act 1997.  The manual has been updated as follows: an […]