Revenue seize chewing tobacco worth over €500,000 in Co. Meath
Revenue seize chewing tobacco worth over €500,000 in Co. Meath Today (21/12/2023), as a result of risk profiling, Revenue officers seized 960kg of chewing tobacco with an estimated value of over €500,000 at a commercial premises in Co. Meath. The chewing tobacco, branded ‘Gutkha’, originated in the Czech Republic and was destined for an address […]
Revenue eBrief No. 264/23 – Guidelines for Agents or Advisors acting on behalf of taxpayers
Revenue eBrief No. 264/23 20 December 2023 Guidelines for Agents or Advisors acting on behalf of taxpayers TDM Part 37-00-04b is updated as follows: an updated introduction (paragraph 1), a new paragraph 6 about agent/client links for employer payroll clients to include links for ERR and/or global mobility (SARP) agents, and consequential updates in paragraph […]
Revenue eBrief No. 265/23 – Part 34-00-10 – Special Assignee Relief Programme
Revenue eBrief No. 265/23 20 December 2023 Special Assignee Relief Programme (SARP) Tax and Duty Manual Part 34-00-10 – Special Assignee Relief Programme (SARP) – has been updated as follows: A new sub-paragraph 7.1 has been inserted to provide clarification on the calculation of SARP in tax equalisation cases. Paragraph 15 has been updated to provide details of the […]
Revenue eBrief No. 261/23 – Requests for Transfer Pricing Documentation
Revenue eBrief No. 261/23 18 December 2023 Requests for Transfer Pricing Documentation A new Tax and Duty Manual Part 35a-01-05 – Requests for Transfer Pricing Documentation – has been published. This Tax and Duty Manual documents the operational policy of the Transfer Pricing Audit Branches of Large Corporates Division for requesting transfer pricing documentation from taxpayers as […]
Revenue seize herbal cannabis worth €280,000 at Dublin Airport
Revenue seize herbal cannabis worth €280,000 at Dublin Airport On Friday 15/12/2023, as a result of risk profiling, Revenue officers seized almost 14 kgs of herbal cannabis with an estimated value of €280,000 at Dublin Airport. The illicit drugs were discovered when Revenue officers stopped and searched the baggage of a passenger who had disembarked […]
Revenue eBrief No. 260/23 – Mineral Oil Manual: Marking of Gas Oil and Kerosene
Revenue eBrief No. 260/23 15 December 2023 Mineral Oil Manual: Marking of Gas Oil and Kerosene The Mineral Oil Manual Marking of Gas Oil and Kerosene has been updated to include the provisions of the Mineral Oil Tax (Prescribed Markers) (Amendment) Regulations 2023 (S.I. No. 592 of 2023). The regulations amend the Mineral Oil Tax Regulations […]
Revenue seize cannabis worth almost €4.7 million in Rosslare Europort and Dublin
Revenue seize cannabis worth almost €4.7 million in Rosslare Europort and Dublin On Tuesday, (12/12/2023), as a result of risk profiling and with the assistance of Revenue’s mobile x-ray scanner, Revenue officers seized approximately 200kgs of herbal cannabis and 30kgs of cannabis resin at Rosslare Europort. The illicit drugs, with an approximate value of €4,190,440, […]
Expenses Reporting Requirements with effect from 1 January 2024
Expenses Reporting Requirements with effect from 1 January 2024 The Finance Act 2022 introduced Section 897C to the Taxes Consolidation Act 1997. The section will require employers to report details of certain expenses and benefits made without the deduction of tax to employees and directors. The items that come within the scope of the enhanced […]
Revenue eBrief No. 259/23 – CESOP Registration Guidelines and Guidance for Filing
Revenue eBrief No. 259/23 14 December 2023 CESOP Guidelines for Registration and Filing The Tax and Duty Manual CESOP Registration Guidelines and Guidance for Filing provides the following information for Payment Service Providers (PSPs) who have an EU Cross-Border Payments (CESOP) reporting obligation in Ireland: Detailed guidance on the process and procedures for registration as a resident […]
Revenue eBrief No. 256/23 – Exemption of Certain Profits of Microgeneration of Electricity
Revenue eBrief No. 256/23 13 December 2023 Exemption of Certain Profits of Microgeneration of Electricity A new Tax and Duty Manual Part 07-01-44 provides guidance on the income tax exemption of certain profits from the microgeneration of electricity by an individual at his or her sole or main residence. Section 216D of the Taxes Consolidation Act 1997 provides […]
