Expansion of COVID-19 Business Supports Announced on 21 December 2021
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 […]
Welcoming the Class of 2021
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 […]
Local Property Tax (LPT) – what you need to do
The revised deadline for property owners to submit their Local Property Tax (LPT) return for 2022 is 5pm, Wednesday 10 November 2021. LPT returns for over one million residential properties have been submitted to Revenue to date. Property owners have to do three things to comply with their LPT obligations by the deadline: determine the market value for their property as at 1 November 2021; submit their LPT return; and […]
Tax Talk Episode 7: Budget 2022
Budget 2022 came days after the Government announced its decision to sign up to the OECD Agreement on a global minimum corporate tax rate of 15%. It is too early to gauge the economic impact of this momentous decision, but the move to a global minimum rate raises questions about the future direction of our industrial policy. The economic outlook set out by the Minister for Finance in his Budget […]
Continued support for business in the Budget is welcome but maintaining competitiveness will be critical, says the Irish Tax Institute
12 October: The Irish Tax Institute welcomes the Government’s decision to continue the Employment Wage Subsidy Scheme (EWSS) until the end of April 2022. The wage subsidy schemes have been a crucial support to businesses over the last 18 months and the gradual withdrawal of the EWSS in the coming six months will help companies worst affected by the pandemic. “We all know that the recovery has been uneven across […]