This week, Revenue is sending Important Information Notices to all businesses that are availing of the Debt Warehousing Scheme. These Notices are intended to provide businesses with certainty regarding their participation in the Scheme, outline next steps and if relevant, highlight the immediate action required to ensure that some businesses do not lose the benefits of the Scheme. Businesses fully up-to-date with their tax returns Businesses that are fully up-to-date […]
On Monday, 17 January, the Institute responded to the Commission on Taxation and Welfare’s (CoTW) public consultation, “Your Vision, Our Future”. The CoTW has been tasked by the Government to consider how the taxation and welfare systems can best support economic activity and promote increased employment and prosperity in Ireland. The Consultation The CoTW’s consultation was in the form of an online questionnaire, covering fiscal sustainability, employment, climate, housing, supporting […]
Today, Tuesday, 21 December, the Government announced changes to three COVID-19 business supports: the Employment Wage Subsidy Scheme (EWSS), the Covid Restriction Support Scheme (CRSS) and the Debt Warehousing Scheme to support hospitality and indoor entertainment which have been impacted by the latest public health restrictions that came into effect from 20 December 2021 and are due to run until 31 January 2022. Following the Government’s announcement, Revenue confirmed in […]
On the evening of 25 November, we welcomed 272 newly qualified CTAs and a group of 28 Tax Technicians in our virtual annual Conferring Ceremony. There is no doubt that all of us would have preferred to be in O’Reilly Hall under the Christmas lights. Yet the Class of 2021 was celebrated from the safety of their homes, surrounded by family and friends. A safe and enjoyable way to mark […]