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General questions Questions for employees Questions for employers General questions What auto-enrolment is Auto-enrolment is a new retirement savings scheme which people will automatically be enrolled in once they meet certain requirements. It has been set up to...

BUDGET 2026 SUMMARY These are the key tax measures in the Budget Statement by the Minister for Finance on 07 October 2025. Personal Taxes and Charges Tax Rates and Tax Bands There are no changes to tax rates and tax bands for 2026. Personal Circumstances2026 €2025...

What is preliminary tax? Preliminary tax is your estimate of the Income Tax, Pay Related Social Insurance (PRSI) and Universal Social Charge (USC) that you expect to pay for a tax year. You must pay this by 31 October of the tax year in question. You must make sure...

Overview The Finance Act 2023 introduced the Mortgage Interest Tax Credit. This tax credit is for taxpayers who have made payments in respect of a qualifying loan for a principal private residence. The Mortgage Interest Tax Credit was originally only available for the...

What is Auto-enrolment? Auto-enrolment is a new pension savings scheme for certain employees who are not paying into a pension. They will be automatically included in the scheme but can opt out after 6 months. The introduction of the Auto-Enrolment Retirement Savings...

Overview The liability date for Local Property Tax (LPT) is 1 November each year. This means that your property is liable for LPT in 2026 if it is a residential property on 1 November 2025. To check if you and your property are liable for LPT, please...

A new relief is available for individual landlords of rented residential premises. The relief is known as Residential Premises Rental Income Relief (RPRIR). The maximum amount of relief for each year is as follows: €600 in 2024 €800 in 2025 €1,000 in 2026 and €1,000...

On 16th July, Minister for Enterprise, Trade and Employment, Peter Burke, announced the commencement of the long-awaited Section 22 of the Companies (Corporate Governance, Enforcement and Regulatory Provisions) Act 2024. This major development marks a...

RMcH states: In April 2025 Accountancy Europe issued its publication “New EU AML rules: advice for accountancy practitioners”. The documents outlines  concrete steps for accountancy practices, national institutes of accountants, auditors and advisors to...

Relief for investments in innovative enterprises, commonly known as Angel Investor Relief, commenced by Ministerial Order on 1 March 2025. The relief allows individuals to avail of a reduced capital gains tax (CGT) rate of 16 percent, or 18 percent in the case of...

Commenting on the US administration’s new tariffs, Cróna Clohisey, Director of Members and Advocacy, Chartered Accountants Ireland said: “The announcement of 20% tariffs on imports from the EU by US President Donald Trump last night is a regressive step in...

RMcH states: Burnout in the workplace has become a growing concern in recent years, with the World Health Organisation (WHO) defining it as an occupational phenomenon characterised by three dimensions: energy depletion, increased mental distance from one's job, and...

From 1 January 2025, you can give employees up to five small benefits, tax-free, each year. These benefits must not be in cash and the combined value of the five benefits cannot exceed €1,500. If more than five benefits are given in a year, only the first five...

The Finance Act 2023 introduced the Mortgage Interest Tax Credit. This tax credit is for taxpayers who have made payments in respect of a qualifying loan for a principal private residence. The Mortgage Interest Tax Credit was originally only available for the year...

This section deals with the rules relating to Value-Added Tax (VAT) registration. It explains the following: who must register for VAT VAT thresholds electing to register for VAT when you can opt to tax lettings. Generally, you must register for VAT if you are...

This Part provides for a scheme of capital allowances and leasing expenses for business cars based on the level of CO2 emissions from the cars concerned. Section 19 of Finance Act 2019 revised downwards the emissions thresholds on which capital allowances and leasing...

What is preliminary tax? Preliminary tax is your estimate of the Income Tax, Pay Related Social Insurance (PRSI) and Universal Social Charge (USC) that you expect to pay for a tax year. You must pay this by 31 October of the tax year in question. You must make sure...

BUDGET 2025 SUMMARY These are the key tax measures in the Budget Statement by the Minister for Finance on 1 October 2024. Personal Taxes and Charges Tax Rates and Tax Bands Changes are in bold. Personal Circumstances2025 €2024 €Single or widowed or surviving civil...

There are a number of grants and supports available so make sure you make the most of them. The first thing I would recommend you to do is getting in touch with one of the LEO (Local Enterprise Office) advisors. You can book a one-to-one meeting for as little as €15....

Section 137 of The Companies Act 2014 (section 43 under the old Act) states that if an Irish Company does not have at least one company director who is resident in the European Economic Area (EEA), a Bond must be taken out. It is important to note that this...

In response to rising levels of inflation across the globe, the EU has implemented the European Union (Adjustments of Size Criteria for Certain Companies and Groups) Regulations 2024, requiring all member states to increase the thresholds for company sizes by circa...

Back in October, before Enhanced Reporting Requirements (ERR) was introduced, we began hosting monthly webinars to get everyone up to speed on the topic. We rounded up the top 10 questions asked during these pre-ERR sessions, along with their answers. Fast forward...

When is preliminary Corporation Tax (CT) due? Large companies Large companies can pay their preliminary CT in two instalments when their accounting period is longer than seven months. The first instalment is due on the 23rd of the sixth month of the accounting period....

A benefit-in-kind (BIK) is any non-cash benefit of monetary value that you provide for your employee. These benefits can also be referred to as notional pay, fringe benefits or perks. The benefits have monetary value, so they must be treated as taxable income. You...

Categories What's New My Situation Find a Centre Volunteering Facebook You are here:Home>Travel and Recreation>Cycling> Cycle to Work Scheme Cycle to Work Scheme Introduction Rules Further information Introduction The Cycle to Work Scheme (generally known as...

Civil service rates Civil service motoring and bicycle rates Cars (rate per kilometre) Distance bandEngine capacity up to 1200ccEngine capacity 1201cc - 1500ccEngine capacity 1501cc and overUp to 1,500 km (Band 1)41.80 cent43.40 cent51.82 cent1,501 -...

Overview You can pay your employees' expenses when they travel on business journeys. You can also pay subsistence if employees are working away from their normal place of work. You can repay your employees when they use their private cars, motorcycles or bicycles for...

Snapshot of Budget 2024 Personal Tax                         • Standard rate band increased...

Debt Warehousing deadline 1 May 2024 In October 2022, Revenue extended the date for the repayment of warehoused debt from 1 January 2023 to 1 May 2024. On 1 May 2024, customers are expected to either: pay their warehoused debt in full or engage with Revenue to agree a...

In Ireland, the process of incorporating a company involves meticulous attention to detail to ensure submissions to the Companies Registration Office (CRO) are accurate and compliant. However, several common pitfalls can lead to CRO submissions being returned. Here...

Please note that there are significant delays in obtaining letters of no objection from the Revenue Commissioners for companies that wish to avail of voluntary strike-off due to ‘the large volume of cases at present’. These applications are dealt with by The National...

Barristers and solicitors will be able to form new ‘legal partnerships’ and provide legal services through them from later this year. The Legal Services Regulatory Authority (LSRA) today launched a month-long targeted consultation on the draft regulatory framework for...

What is the outlook of the economy The domestic economy continues to grow in early 2024, but weak external demand and domestic capacity constraints are expected to weigh on the pace of growth over the forecast horizon. Exports produced in Ireland declined in 2023 but...

IF YOU ARE LOOKING TO GROW YOUR BUSINESS (& PROFITS), WE HAVE THE SOLUTION… The Best Business Coaching We know from experience that most of our business clients would benefit from THE BEST BUSINESS COACHING SYSTEM, we tidy up your MIS (management information...

Readers may recall that during the pandemic the Irish government introduced temporary measures amending the Companies Act, 2014. The Companies (Miscellaneous Provisions) (Covid-19) Act 2020 and regulations made under that Act provided for special measures for example...

In the dynamic landscape of business regulations, keeping up-to-date with the latest changes is crucial, especially for small and micro-sized companies that form the backbone of our economy. Recently, there have been discussions about revising the audit exemption...

Is there anything more frustrating than spending time and money on new accounting software only to meet resistance? Thankfully, there are ways that you make the transition to new technology smoother.  The accounting industry has undergone a tech transformation in...

· 28 November 2023 · Revenue eBrief No. 250/23 Betting Duty Returns and Payments Compliance Procedures Manual · 27 November 2023 · Revenue eBrief No. 249/23Exemption of certain profits arising from production, maintenance and repair of certain musical instruments ·...

Major changes to working arrangements and immigration permissions for most non-EEA doctors have been announced today by Tánaiste Leo Varadkar, Minister for Justice Helen McEntee and Minister for Health Stephen Donnelly.Doctors who have been working here for more than...

A new Tax and Duty Manual -  Manual on EU Sanctions in response to the situation in Ukraine - has been published.  It provides an overview of the import and export prohibitions and restrictions that have been introduced. This Tax and Duty...

RMcH states: if you have your own company it's important to understand the issues around extracting money in terms of directors loans (generally forbidden)  and expenses, this article concentrates on the area of directors loans what is allowed and what is not...