The following will apply for BIK on employer-provided vehicles for 2024: A reduction of €10,000 will apply to the original market value (OMV), to reduce the amount of BIK payable, for all cars in Category A,B,C and D (not E) and all vans. The current reduction of €35,000 in OMV will continue to apply for […]
Tax and Duty Manual Part 05-02-10 was updated in January 2024 and covers the rates of subsistence together with the general principles, conditions for claiming subsistence, compliance and enhanced reporting requirements. A link to the document is available as follows: Click here >>
We work with a number of successful SME’s, helping them with their audit, accounting and tax requirements. We adopt a collaborative approach with our clients, working with them to help them achieve their objectives. Our direct team are qualified accountants and tax advisers and together with our panel of tax consultants have a long and
Finance Act 2022 introduced Section 897C which will require employers to report details of certain expenses and benefits made to employees and directors. Reporting the details of these expenses and benefits will commence on 01 January 2024. Click here for more information >>
The payment date for capital gains tax arising in the period 1 December to 31 December is 31 January 2024. The 2023 Non-Resident Vendor Declaration for CGT should be completed in the case on non-residents (further guidance is contained in TDM Part 45-01-05.).
From 1 January 2024, employers must report the expenses and benefits outlined below on a real time basis on or before the date the benefit/expense is provided/paid to the employee. Small Benefit Exemption – employers must report the value of the benefit provided, and the date the benefit was provided to the employee. Remote Working