Revenue eBrief No. 057/24 – Interpretation of Corporation Tax Acts
Revenue eBrief No. 057/24 01 March 2024 Interpretation of Corporation Tax Acts Tax and Duty Manual Part 01-00-02, Interpretation of Corporation Tax Acts, has been updated: to confirm that Finance (No.2) Act 2023 extended the tax exemption under section 208 TCA 1997 to include professional services income of a charity, e.g. income from providing counselling services; to […]
Revenue seize herbal cannabis worth €140,000 in Dublin
Revenue seize herbal cannabis worth €140,000 in Dublin Yesterday (29/02/2024), as a result of risk profiling, Revenue officers examining parcels at a premises in Dublin seized 7 kgs of herbal cannabis with an estimated value of €140,000. The illicit drugs were discovered in a parcel that had originated in Spain and which was destined for […]
Revenue eBrief No. 058/24 – Securitisation Regulation: Notification of Investment
Revenue eBrief No. 058/24 01 March 2024 Securitisation Regulation: Notification of Investment The EU list of non-cooperative jurisdictions for tax purposes was updated on 26 February 2024. As a result, Tax and Duty Manual (TDM) Part 38-03-30 – Securitisation Regulation: Notification of Investment (NOI) – has been updated as follows: Section 1.1 and Appendix 1 have been updated to […]
Revenue eBrief No. 055/24 – Sea Going Naval Personnel Tax Credit
Revenue eBrief No. 055/24 29 February 2024 Sea Going Naval Personnel Tax Credit Tax and Duty Manual Part 15-01-48 – Sea Going Naval Personnel Tax Credit – has been updated to reflect the fact this credit was extended for an additional year (to 2024) by Finance Act 2023 and updates were made to some of the examples.
Revenue seize alcohol and cash worth over €110,000 at Rosslare Europort
Revenue seize alcohol and cash worth over €110,000 at Rosslare Europort Yesterday (28/02/2024), Revenue officers were granted two three-month cash detention orders by Judge John Cheatle at a sitting of Gorey District Court. This followed two seizures of €10,210, in cash, and a small amount of foreign currency at Rosslare Europort. The discovery was made […]
Revenue seize herbal cannabis worth €612,000 at Dublin Airport
Revenue seize herbal cannabis worth €612,000 at Dublin Airport Yesterday (28/02/2024), as a result of risk profiling, Revenue officers seized 30.6 kgs of herbal cannabis with an estimated value of approximately €612,000 at Dublin Airport. The cannabis was discovered concealed within vacuum-packed packages in the baggage of a passenger who had disembarked a flight from […]
Revenue seize herbal cannabis and tobacco worth €1,242,000 in Dublin and Louth
Revenue seize herbal cannabis and tobacco worth €1,242,000 in Dublin and Louth Yesterday (27/02/2024), as a result of risk profiling and with the assistance of detector dogs James and Milo, Revenue officers examining parcels at a premises in Dublin seized 45 kgs of herbal cannabis with an estimated value of €900,000. The illicit drugs were […]
Revenue dismantle illicit cigarette factory in Dublin
Revenue dismantle illicit cigarette factory in Dublin On Friday, 23/02/2024, as part of an intelligence-led operation and with the assistance of An Garda Síochána and detector dog Milo, Revenue officers searched a premises under warrant in Dublin 11 and closed down an illicit commercial cigarette factory. Revenue officers discovered more than 1.4 tonnes of raw tobacco, […]
Revenue seize herbal cannabis worth €860,000 in Dublin and Athlone
Revenue seize herbal cannabis worth €860,000 in Dublin and Athlone Yesterday (22/02/2024), as part of an intelligence-led operation, Revenue officers seized approximately 14 kg of herbal cannabis with an estimated value of €280,000 at Dublin Airport. The illicit drugs were discovered within vacuum-packed packages when Revenue officers stopped and searched the baggage of a passenger […]
Revenue eBrief No. 051/24 – Tax Exemption and Marginal Relief
Revenue eBrief No. 051/24 22 February 2024 Tax Exemption and Marginal Relief Tax and Duty Manual Part 07-01-18 – Tax Exemption and Marginal Relief – has been updated. The main changes include an update in respect of the PRSI change applicable from 1 January 2024 (see Paragraph 2) together with updates to the examples and the standard […]
