Revenue eBrief No. 125/24 – Instruction Manual on Inward Processing
Revenue eBrief No. 125/24 16 April 2024 Instruction Manual on Inward Processing Tax and Duty Manual Instruction Manual on Inward Processing has been amended. Amendments to the manual as follows: Section 2.6 – Title update and additional bullet regarding restriction on number of times simplified IP may be used Section 5.3 – Updated information regarding […]
Revenue eBrief No. 124/24 – Deduction of Tax from Interest Payments by certain deposit takers
Revenue eBrief No. 124/24 15 April 2024 Deduction of Tax from Interest Payments by certain deposit takers Tax and Duty Manual Part 08-04-01 has been updated to provide that deposit interest arising on the following deposits can be paid without deduction of Deposit Interest Retention Tax [DIRT]: a deposit that is solely in respect of a general payment, and work related […]
Revenue eBrief No. 121 – Capital Acquisitions Tax Manual – Part 9 Powers of Appointment
Revenue eBrief No. 121/24 12 April 2024 Capital Acquisitions Tax Manual – Part 9 Powers of Appointment Capital Acquisitions Tax Manual Part 9 – Powers of Appointment provides an overview of the rules that apply for CAT purposes where a person receives a benefit as a result of the exercise of, the failure to exercise, […]
Revenue eBrief No. 123/24 – Enhanced Reporting Requirements – Revenue Online Events
Revenue eBrief No. 123/24 12 April 2024 Enhanced Reporting Requirements – Online Events Enhanced Reporting Requirements – Revenue Online Events Revenue is holding further online events in April and May through Eventbrite to give an overview of Enhanced Reporting Requirements (‘ERR’) for expenses/benefits paid without the deduction of tax to employees or directors. The requirement to report the […]
Revenue eBrief No. 119/24 – Tax and Duty Manual revisions – Outbound Payment Defensive Measures
Revenue eBrief No. 119/24 11 April 2024 Tax and Duty Manual revisions – Outbound Payment Defensive Measures Tax and Duty Manual Part 08-03-11 – Interest in respect of wholesale debt instruments – has been updated. Finance (No.2) Act 2023 inserted Chapter 5 ‘Outbound payments defensive measures’ in Part 33 of the Taxes Consolidation Act 1997 […]
Revenue eBrief No. 120 – Import of Motor Vehicles from the UK
Revenue eBrief No. 120/24 10 April 2024 Importation of Motor Vehicles from the UK Further to eBrief 113/24, there have been amendments made to the Tax and Duty Manual on the Importation of Motor Vehicles from the UK, under sections 10, 10.1 and 10.2, 10.3 and Appendices 1.2 and 1.3.
Revenue seize herbal cannabis worth almost €195,000 in Monaghan
Revenue seize herbal cannabis worth almost €195,000 in Monaghan Yesterday, (10/04/2024), as part of an intelligence-led operation, Revenue officers seized approximately 9.7kgs of herbal cannabis with an estimated value of €194,800 in County Monaghan. The seizure was made as a result of a joint operation involving Revenue’s Customs Service, the Garda National Drugs and Organised Crime […]
Revenue eBrief No. 116/24 – ROS – Extension of Pay & File Deadline for ROS Customers for 2024
Revenue eBrief No. 116/24 09 April 2024 ROS – Extension of Pay & File Deadline for ROS Customers for 2024 Today, 09 April 2024, Revenue announced an extension to the ROS return filing and payment date for certain self-assessment Income Tax customers and for customers liable to Capital Acquisitions Tax (CAT). For customers who file […]
Revenue eBrief No. 117/24 – ROS – Return Preparation Facility (RPF)
Revenue eBrief No. 117/24 09 April 2024 ROS – Return Preparation Facility (RPF) Tax and Duty Manual Part 38-06-01B Return Preparation Facility (RPF) has been updated to include (i) a reference in paragraph 2 that the RPF is available when ROS is unavailable during upgrades, and a link to the RPF is accessible from the ROS ‘site […]
Revenue seize herbal cannabis worth over €268,000 at Dublin Airport
Revenue seize herbal cannabis worth over €268,000 at Dublin Airport Last Friday (05/04/2024), as a result of risk profiling, Revenue officers seized approximately 13.4 kgs of herbal cannabis with an estimated value of €268,400 at Dublin Airport. The illicit drugs were discovered concealed within the baggage of a passenger who had disembarked a flight from […]
