Revenue seize herbal cannabis worth €1.2 million in Dublin
Revenue seize herbal cannabis worth €1.2 million in Dublin Yesterday (01/09/2023), as part of an intelligence-led operation, Revenue officers seized approximately 60 kgs of herbal cannabis with an estimated value of €1.2 million in the Dublin area. The seizure was made as a result of a joint operation involving Revenue’s Customs Service, the Garda National […]
Revenue eBrief No. 193/23 – VAT Treatment of Food and Drink Supplied by Wholesalers and Retailers
Revenue eBrief No. 193/23 01 September 2023 VAT Treatment of Food and Drink Supplied by Wholesalers and Retailers The following VAT Tax and Duty Manuals (TDMs) have been amended to reflect the application of the 13.5% rate of VAT to supplies from 1st September 2023: VAT Treatment of Food and Drink Supplied by Wholesalers and […]
Revenue eBrief No. 192/23 – Procedures for requiring security from taxable persons
Revenue eBrief No. 192/23 31 August 2023 Procedures for requiring security from taxable persons Section 99 of the Value Added Tax Consolidation Act 2010 (VATCA 2010) allows Revenue to require a trader to submit security in certain circumstances where a VAT refund has been claimed. Section 109 of VATCA 2010 allows Revenue to require a […]
Revenue eBrief No. 191/23 – Vacant Homes Tax
Revenue eBrief No. 191/23 30 August 2023 Vacant Homes Tax Revenue has published a new Tax and Duty Manual, Vacant Homes Tax – Part 22B-01-01. Vacant Homes Tax (“VHT”) is an annual tax that applies to residential properties in use as a dwelling for less than 30 days in a 12-month chargeable period. VHT was introduced […]
Revenue eBrief No. 190/23 – Domicile Levy
29 August 2023 Domicile Levy Tax and Duty Manual Part 18C-00-01 – Domicile Levy has been updated and refreshed throughout and contains clearer and/or more detailed guidance on various aspects of the levy, including the following: The position regarding the claiming of a credit for liabilities such as USC and PRSI in arriving at the […]
Revenue seize herbal cannabis worth €2 million at Dublin Port
Revenue seize herbal cannabis worth €2 million at Dublin Port Last Friday (25/08/2023), as a result of an intelligence-led operation and with the assistance of Revenue’s mobile x-ray scanner and detector dog Alfie, Revenue officers seized 100 kgs of herbal cannabis with an estimated value of €2 million at Dublin Port. The seizure was made […]
Revenue eBrief No. 189/23 – Company reconstructions without change of ownership
Revenue eBrief No. 189/23 25 August 2023 Company reconstructions without change of ownership Tax and Duty Manual Part 12-03-04 – Company Reconstructions without change of ownership – has been updated (in paragraphs 1 and 6) to reflect amendments made to section 400 TCA 1997 as a result of the introduction of the Interest Limitation Rules […]
Revenue eBrief No. 187/23 – Mineral Oil Tax (MOT) Rate Changes
Revenue eBrief No. 187/23 24 August 2023 Mineral Oil Tax (MOT) Rate Changes The Tax and Duty Manual (TDM) on Excise Duty Rates on Energy Products and Electricity has been updated to reflect increases in Mineral Oil Tax (MOT) rates on certain mineral oils. The rate increases are effective from 1 September 2023.
Revenue eBrief No. 188/23 – Capital Allowances – Property in Joint Names
Revenue eBrief No. 188/23 24 August 2023 Capital Allowances – Property in Joint Names Tax and Duty Manual Part 09-01-10 – Capital Allowances – Property in Joint Names – deals with the treatment of capital allowances where property is acquired in joint names by spouses or by civil partners but the expenditure is incurred by […]
Revenue seize herbal cannabis worth €290,000 in County Louth
Revenue seize herbal cannabis worth €290,000 in County Louth Today (24/08/2023), as part of an intelligence-led operation, Revenue officers seized approximately 14.5 kgs of herbal cannabis with an estimated value of €290,000 in County Louth. The illicit drugs were found during the search, under warrant, of a commercial premises. This seizure was made as a […]
