Revenue eBrief No. 164/23 – Exempt Unit Trusts (EUTs)
Revenue eBrief No. 164/23 14 July 2023 Exempt Unit Trusts (EUTs) Tax and Duty Manual (TDM) Part 27-01-01, which provides guidance relating to EUTs, has been updated for amendments introduced by Section 37 Finance Act 2022 in relation to the filing obligation of EUTs.
Revenue eBrief No. 161/23 – VAT Treatment of Education and Vocational Training
Revenue eBrief No. 161/23 13 July 2023 VAT Treatment of Education and Vocational Training The following VAT Tax and Duty Manuals (TDMs) have been amended. The changes relate to the deletion of content which is no longer relevant to the manuals: VAT Treatment of Education and Vocational Training Deletion of Section 6.3 – Vocational training […]
Revenue seize herbal cannabis worth €52,000 in County Wexford
Revenue seize herbal cannabis worth €52,000 in County Wexford Yesterday, (11/07/2023), as part of an intelligence-led operation, Revenue officers seized approximately 2.6kgs of herbal cannabis with an estimated value of €52,000 in County Wexford. The seizure was made as a result of a joint operation involving Revenue’s Customs Service, the Garda National Drugs and Organised […]
Revenue eBrief No. 160/23 – Universal Social Charge
Revenue eBrief No. 160/23 11 July 2023 Universal Social Charge Tax and Duty Manual Part 18D-00-01 – Universal Social Charge -has been updated as follows: Paragraph 11.2 – Personal Retirement Savings Account – to clarify that employer PRSA contributions are not subject to PAYE and are, therefore, not chargeable to PRSI under the PAYE system (both employer’s […]
Revenue seize contraband worth over €100,000 in Co. Louth
Revenue seize contraband worth over €100,000 in Co. Louth On Friday (07/07/2023), as part of an intelligence-led operation, Revenue officers seized 80,000 cigarettes, 40kgs of ‘roll your own’ tobacco and over €6,500 in cash, following the search, under warrant, of a residential premises in Co. Louth. The seizures were made with the assistance of detector […]
Revenue eBrief No. 159/23 – Filing deadline extension for Investment Limited Partnership (ILP) and Updated Form ILP1
Revenue eBrief No. 159/23 07 July 2023 Investment Limited Partnership (ILP) February 2023 Filing – Deadline extension and Updated Form ILP1 available A new version of the Form ILP1 is now available on the Collective investment vehicles webpage, in the Related Forms panel of the Revenue website. Section 739J(3) of the Taxes Consolidation Act 1997 […]
Revenue eBrief No. 157/23 – Rent-a-room relief
Revenue eBrief No. 157/23 06 July 2023 Rent-a-room relief Tax and Duty Manual Part 07-01-32 (Rent-a-room relief) has been amended as follows: a new paragraph 7.2 to include material on the rent tax credit and obsolete material on owner occupier relief under certain property based tax incentive schemes and relief from stamp duty for first time buyers and certain owner occupiers has […]
Revenue eBrief No. 158/23 – Pensions Manual Chapter 27 amended
Revenue eBrief No. 158/23 06 July 2023 Pensions Manual Chapter 27 amended Pensions Manual Chapter 27, which deals with the taxation of retirement lump sums, has been updated in paragraph 6 to provide further information on the tax and filing obligations for excess lump sums. This includes instructions on when Revenue Payroll Notifications and when […]
Revenue seize MDMA and herbal cannabis worth €640,000 in Dublin
Revenue seize MDMA and herbal cannabis worth €640,000 in Dublin Yesterday (05/07/2023), as part of two separate intelligence-led operations, Revenue officers seized 2kgs of MDMA and 26kgs of herbal cannabis with estimated values of €120,000 and €520,000 respectively, in the Dublin region. These seizures were made as a result of joint operations conducted by Revenue’s […]
Revenue seize contraband worth €370,000 at Dublin Port
Revenue seize contraband worth €370,000 at Dublin Port Yesterday (04/07/2023), as part of an intelligence-led operation and with the assistance of detector dog Alfie, Revenue officers seized approximately 167,000 benzodiazepine tablets with an estimated value of €335,000 at Dublin Port. The tablets were discovered concealed in the floor cavity of a van that had arrived […]
