Revenue seize cash and contraband worth over €375,000 in Dublin and Kerry
Revenue seize cash and contraband worth over €375,000 in Dublin and Kerry Today, (16/02/2024), Revenue officers were granted a three-month cash detention order by Judge Patricia Harney, at Limerick District Court. This followed the seizure yesterday, (15/02/2024), of €46,000 in cash during the search of a property, under warrant, in Co. Kerry. It is suspected […]
Revenue seize contraband worth almost €675,000 in Dublin
Revenue seize contraband worth almost €675,000 in Dublin On Monday, (12/02/2024), as a result of risk profiling and with the assistance of detector dogs Guss and Milo, Revenue officers examining parcels at a premises in Dublin seized 24kg of herbal cannabis and 10kg of cannabis resin, with a combined estimated value of €540,000. The consignments […]
Revenue seize herbal cannabis worth €830,000 in Dublin
Revenue seize herbal cannabis worth €830,000 in Dublin Yesterday, 13/02/2024, as part of an intelligence-led operation targeting persons suspected to be involved in organised crime operating in the Dublin Metropolitan Region, a Joint Operation was conducted by personnel attached to the Revenue’s Customs Service and the Garda National Drugs and Organised Crime Bureau (GNDOCB). As a result of this […]
Update on implementation of Enhanced Reporting Requirements
Update on implementation of Enhanced Reporting Requirements Today (14/02/2024), Revenue published figures in relation to compliance with the Enhanced Reporting Requirements (ERR) which came into effect on 1 January 2024. These figures show that at 31 January 2024, over 66,000 submissions had been made by approximately 17,500 employers. Since 1 January, employers who provide the […]
Revenue eBrief No. 041/24 – Taxation of credit union dividends and interest – No longer relevant
Revenue eBrief No. 041/24 13 February 2024 Taxation of credit union dividends and interest – No longer relevant The contents of Tax and Duty Manual Part 08-05-01 are no longer relevant. Special Medium Term Share Accounts and Special Long Term Share Accounts cannot be opened since 16 October 2013.
Revenue eBrief No. 040/24 – Stamp Duty Manual Part 7 – Section 80 – Reconstructions or amalgamations of companies
Revenue eBrief No. 040/24 12 February 2024 Stamp Duty Manual Part 7 – Section 80 – Reconstructions or amalgamations of companies updated Stamp Duty Manual Part 7 – Section 80 – Reconstructions or amalgamations of companies provides general guidance on the application of section 80 of the Stamp Duties Consolidation Act 1999. Section 80 makes provision […]
Revenue eBrief No. 037/24 – A Guide to Self-Assessment
Revenue eBrief No. 037/24 09 February 2024 A Guide to Self-Assessment Tax and Duty Manual Part 41-00-28 has been updated in paragraph 1 to reflect the update in Finance (No. 2) Act 2023 regarding tax on gains realised on unapproved share options on or after 1 January 2024 (which is collected by the employer via payroll). The obligation […]
Revenue eBrief No. 038/24 – Revenue documentation to verify personal addresses for non-Revenue purposes
Revenue eBrief No. 038/24 09 February 2024 Revenue documentation to verify personal addresses for non-Revenue purposes Tax and Duty Manual Part 37-00-16 has been updated to provide further information on updating personal name or address details in myAccount to appear on Revenue documentation in paragraph 2.2 regarding the Employment Detail summary in paragraph 2.3 regarding the […]
Revenue eBrief No. 039/24 -Stamp Duty Manual: "Part 6: Special provisions relating to uncertificated securities" has been updated
Revenue eBrief No. 039/24 09 February 2024 Stamp Duty Manual: “Part 6: Special provisions relating to uncertificated securities” has been updated Part 6 of the Stamp Duties Consolidation Act 1999 makes provision for electronic transfers of interests in securities (such as shares) to be chargeable to stamp duty. The provisions of Part 6 provide for […]
Revenue confirms implementation of 0% interest rate for liabilities within the Debt Warehouse Scheme
Revenue confirms implementation of 0% interest rate for liabilities within the Debt Warehouse Scheme Yesterday (05/02/2024), the Minister for Finance, Michael McGrath T.D., announced that the interest rate applicable to warehoused debt will be reduced to 0% and that the necessary legislation to implement the reduction will be introduced at the next available opportunity. Revenue has confirmed that it will […]
