Revenue eBrief No. 143/24 – Deposit Interest Retention Tax (DIRT). Dirt Exempt Accounts and Refund of DIRT
Revenue eBrief No. 143/24 22 May 2024 Deposit Interest Retention Tax (DIRT). Dirt Exempt Accounts and Refund of DIRT Tax and Duty Manual Part 08-04-08 has been updated to provide that interest arising on a deposit that is solely in respect of a general payment, and work related payment if applicable, under the Mother and Baby Institutions Payment […]
Revenue eBrief No. 139/24 – The provision of miscellaneous benefits
Revenue eBrief No. 139/24 21 May 2024 The provision of miscellaneous benefits Tax and Duty Manual Part 05-01-01l – Chapter 12 – The provision of miscellaneous benefits – has been updated. The main updates relate to the following: in paragraph 8.1 to provide additional guidance in regard to the tax treatment of examination awards; and in […]
Revenue eBrief No. 140/24 – Revenue Guidelines for Determining Employment Status for Taxation purposes
Revenue eBrief No. 140/24 21 May 2024 Revenue Guidelines for Determining Employment Status for Taxation purposes A new Tax and Duty Manual (TDM) has been created to outline the implications for determining employment status for taxation purposes arising from the Supreme Court judgement in the Karshan case. The TDM, Part 05-01-30 ‘Revenue Guidelines for Determining employment […]
Revenue eBrief No. 141/24 – Residence of Trusts (other than Unit Trusts) and of Estates under administration- Ireland and the United Kingdom
Revenue eBrief No. 141/24 21 May 2024 Residence of Trusts (other than Unit Trusts) and of Estates under administration- Ireland and the United Kingdom Tax and Duty Manual Part 34-00-02 has been updated to incorporate changes to Article 4(3) of the Double Tax Treaty between Ireland and the United Kingdom arising from the Multilateral Convention to Implement […]
Revenue eBrief No. 142/24 – Stamp Duty Manual – Part 7: Section 79 Conveyances and transfers of property between certain bodies corporate – Updated
Revenue eBrief No. 142/24 21 May 2024 Stamp Duty Manual – Part 7: Section 79 Conveyances and transfers of property between certain bodies corporate – Updated Section 79 of the Stamp Duties Consolidation Act 1999 provides for a stamp duty exemption to apply on certain instruments that have the effect of conveying or transferring a […]
Revenue eBrief No. 137/24 – TDM Part 04-08-20 – Deduction for retrofitting
Revenue eBrief No. 137/24 20 May 2024 TDM 04-08-20 Deduction for Retrofitting A new Tax and Duty Manual – 04-08-20 ‘Deduction for Retrofitting’ has been created to give details about the deduction for retrofitting expenditure in section 97B Taxes Consolidation Act 1997 (TCA). A deduction against rental income is available to individual landlords who undertake retrofitting of rented residential […]
Revenue eBrief No. 138/24 – Returns by Employers in Relation to Reportable Benefits – ERR
Revenue eBrief No. 138/24 20 May 2024 Returns by Employers in Relation to Reportable Benefits – Enhanced Reporting Requirements (ERR) Tax and Duty Manual Part 38-03-33 ‘Returns by Employers in Relation to Reportable Benefits – Enhanced Reporting Requirements (ERR)’ has been updated in a new paragraph 4.2.2 to provide guidance in regard to unpaid volunteers and […]
Revenue seize contraband worth approximately €370,000 in Dublin
Revenue seize contraband worth approximately €370,000 in Dublin Over the course of last week (week commencing 13/05/2024), Revenue officers examining parcels at a premises in Dublin seized approximately 8.4 kgs of herbal cannabis with an estimated value of €169,800 during the course of numerous operations. Various quantities of other illicit drugs, with an estimated value […]
Revenue seize drugs worth €220,000 in Shannon Airport
Revenue seize drugs worth €220,000 in Shannon Airport Over the course of the last two weeks Revenue officers based in Shannon Airport seized illegal drugs with an estimated value of over €220,000. The illicit drugs were discovered, as a result of risk profiling, in parcels originating from the USA, Canada and Europe and were destined […]
Revenue seize herbal cannabis worth €660,000 in Dublin
Revenue seize herbal cannabis worth €660,000 in Dublin Yesterday, (15/05/2024), as part of an intelligence-led operation, Revenue officers seized approximately 33kgs of herbal cannabis (subject to analysis) with an estimated value of €660,000 in Dublin. The illicit drugs were seized in, and a follow up search was conducted (under warrant) of, a premises in Dublin. […]
