Aoife Lavan, President of the Irish Tax Institute
Aoife Lavan was inaugurated as the Institute’s 49th President at the AGM on 5 September. Aoife is a Private Client Tax and Pension Specialist with over two decades of experience in financial planning, pension management, and tax advisory services. She has recently set up her own pensions and retirement planning business, Black Oak Advisory which is based in Westport, Co Mayo. You can read her acceptance speech here. Before taking […]
Determining Employment Status for Taxation Purposes
Businesses are responsible for ensuring the correct taxes are deducted from their employees’ pay and reported through the PAYE system. The landmark Supreme Court judgment, delivered in October 2023, in Revenue Commissioners v Karshan (Midlands) Ltd. t/a Domino’s Pizza has led to updates in Revenue Guidelines to reflect the five-step decision-making framework that must be used to determine whether a person is employed under a contract of service (employee) or […]
Sustainability and Tax: What to Know and Where to Start
12:30, 29 August 2024
12:30 – 13:30, Thursday 29 August | Online | 1 CPD hour | Complimentary | Register Now Join us and our expert speakers on Thursday, 29 August, to digest the upcoming sustainability regulations in bitesize pieces. Wrapping your head around these new regulations and the associated acronyms and jargon isn’t easy. It can be difficult to understand what applies to you and your business and where to begin your sustainability journey. This webinar […]
Irish Tax Institute warns new enhanced reporting requirements are too onerous for SMEs
The Irish Tax Institute has warned that Revenue’s new system of Enhanced Reporting Requirements (ERR) places a very significant administrative burden on businesses, particularly SMEs. The new system, introduced on 1 January, requires employers to report details of certain benefits and payments made to staff in real time which means on or before they are given to employees. One of the benefits impacted are gifts given to staff under the […]
Tax Talk EP 17: Diversity and Inclusion
Diversity and inclusion (D&I) are well established as critical metrics for businesses that seek to be socially and environmentally responsible. In the latest episode of Tax Talk , we discuss the importance of D&I in the tax profession and beyond. Joining our host, Donal O’Donovan of the Irish Independent, to share their personal experiences and insights are: Tom Reynolds, Institute President, who started his career when his sexual orientation was […]
Institute responds to Feedback Statement on a Participation Exemption for Foreign Dividends
In September 2023, the Minister for Finance, Michael McGrath T.D., committed to introducing a participation exemption for foreign dividends in Finance Bill 2024. With the introduction coming into effect from 1 January 2025, the Department of Finance has sought feedback on the matter. On 8 May, the Institute responded to the Department’s Feedback Statement and we identified a number of elements of the Strawman Proposal for a Participation Exemption we […]