Irish Tax Institute says the agreement achieved by Government will provide certainty for business
The Irish Tax Institute welcomes the agreement on the OECD tax reform proposals announced by the Government this evening. “The change in language around the global minimum rate secured by the Government as well as the commitment from the EU that the Commission will hold to that rate, brings much needed certainty and stability to the international tax system. This is good news for business and good news for governments […]
Karen Frawley, President of the Institute 2021-22
Karen Frawley was inaugurated as the Institute’s new President at the AGM on 9 September. Karen is a tax partner in Deloitte and a member of the firm’s international tax group. As she takes up her role, she spoke to our Tax Talk host, Samantha McCaughren. They reflected on a difficult year for the country and the profession and spoke about the challenges in the year ahead, including global tax […]
Revenue Clarification on Completing the EWSS Eligibility Review Form
10 August 2021 The EWSS Eligibility Review Form (ERF) for June and July 2021 are due for submission by this Sunday, 15 August. Revenue has contacted the Institute to draw members’ attention to matters which have arisen when completing the ERF. We outline Revenue’s clarifications for businesses which commence between 1 January and 31 October 2019, employers with more than one business type, ‘new business’ and Revenue’s position on outstanding […]
Pre-Budget 2022 Submission
Over the last 18 months, the innovative measures and schemes put in place by the Government to support businesses affected by the public health restrictions have allowed many businesses to survive, in particular SMEs and the entertainment, hospitality, and retail sectors. In our Pre-Budget 2022 Submission, delivered to the Minister for Finance, Paschal Donohoe T.D and Minister for Public Expenditure and Reform, Michael McGrath T.D. on 22 July, we concentrated […]
EWSS Eligibility Review Form Update
Finance (Covid-19 and Miscellaneous Provisions) Act 2021 extended the Employment Wage Subsidy Scheme (EWSS) to 31 December 2021. It also changed the reference periods for determining eligibility for EWSS for pay dates from 1 July to 31 December 2021. At the same time, Revenue introduced a new requirement for employers to submit a monthly Eligibility Review Form (ERF) on ROS. This comprises the data employers use in their monthly rolling […]
Tax Talk Episode 5: The Employment Investment Incentive Scheme
As preparations for Budget 2022 get underway and the Department of Finance reviews the Employment Investment Incentive Scheme (EIIS), our latest episode of Tax Talk examines the operation of the Scheme and how it might be made more effective in providing early-stage and small businesses with the funding they need to grow their business or to restructure and invest in their recovery. Our host, Samantha McCaughren, was joined by Nick […]