The deadline for engaging with Revenue to agree repayment of warehoused tax debt is 1 May 2024. At this date businesses must have either repaid their warehoused debt or agreed to enter a payment arrangement with Revenue to repay the debt over an agreed period of time.
 

The Government allocated €257 million for the Increased Cost of Business Grant (ICOB) to support small and medium businesses.

Significant tax changes have been introduced for loans from close relatives.
The changes introduce a mandatory ‘Capital Acquisitions Tax’ reporting requirement that applies to new and existing ‘specified loans’ from close relatives.

For 2024 businesses with a headcount of 150+ employees in any one employing entity are required by law to report on their gender pay gap.

In our most recent insight we highlight the reporting requirements and how we can support employers in this area.

The Research & Development (“R&D”) credit has been a significant Irish tax incentive since its introduction in Finance Act 2004.

The focus of this article is the VAT consequences of income received by influencers, but it goes without saying the income generated...

The Debt Warehousing Scheme (DWS) was aimed at assisting businesses during the Covid-19 pandemic. The DWS allowed for the deferral of the payment of VAT, Employer PAYE, certain income tax liabilities, and subsidy overpayments under the Temporary Wage Subsidy Scheme (TWSS) and the Employment Wage Subsidy Scheme (EWSS).

Moore is delighted to have advised the O'Leary family on their recent acquisition of the Douglas Court Shopping Centre in Cork.

From 1 January 2024 employers will be required to report details of certain tax-free expenses paid to employees. The details must be submitted electronically to Revenue on or before the date the expense item is paid.

Minister for Finance, Michael McGrath, and Minister for Public Expenditure and Reform, Paschal Donohoe, today announced the eagerly awaited Budget for 2024.

The Vacant Homes Tax (VHT) is a new annual tax introduced in 2023 with a view to increasing the supply of homes for rent or purchase.

The deadline for filing claims under the TBESS is the 30th September 2023. Any business that has not claimed relief under the scheme should do so immediately

Moore Ireland and Reddy Charlton LLP present "The Life Cycle and Succession of a Family Business". Watch our webinar to gain insights on the legal and tax considerations of succession in a family business.

Moore are delighted to have worked with Gary Morrison and his team on their recent acquisition by Bolands BMW, trading as MMM Limited. 

Withholding Tax system to be introduced effective the 1 st July 2023

The Law Society of Ireland has introduced new Solicitors Accounts Regulations which will come into force on 1st July 2023.

In an effort to reinforce and build upon the European Union’s Anti-Money Laundering regime, as well as to address rising compliance issues, the EU adopted the Fifth Anti-Money Laundering directive (5AMLD) in early 2020.

This article sets out some brief information on the tax, social insurance and employment law considerations.

The portal for registration for the TBESS is now available on the Revenue Online Service (ROS) following approval of the scheme last week by the European Commission.

The rules for calculating the Benefit in Kind (BIK) charge on company provided vehicles are changing on the 1st January 2023

Revenue recently issued guidelines on the operation of the TBESS. The scheme will provide cash payments to qualifying businesses that have experienced a significant increase in their electricity and natural gas costs.

Following the introduction of the Sick Leave Act 2022 employers will be obliged to pay sick pay to their employees from the 1st January 2023.

 

Are supports sufficient to help households and businesses survive soaring costs?

Moore are delighted to have worked with Michael Sexton and the partners of Riverview Veterinary Group on their recent acquisition by VetPartners.

The surcharge on undistributed income of certain companies is a tax avoidance provision that applies to a significant proportion of companies operating in Ireland each year. This measure generally imposes a surcharge of 20% on the income of “close companies” that is not distributed within 18 months of the accounting period in which the income was received.

Ireland remains one of the top locations globally for doing business given its favourable tax regime and highly skilled workforce.

Interest Limitation Rules (“ILR”) have recently been introduced to the Irish tax system by Finance Act 2021.

Revenue recently published its new ‘Code of Practice on Audit and other Compliance Interventions’ which covers all taxes and duties with the exception of customs

During 2020, in the months following the outbreak of the COVID-19 pandemic, the Irish Revenue recognised that many businesses faced significant challenges as a result of increased uncertainty surrounding economic activity due to the nature of the pandemic.

Delighted to be a part of the March Issue of Business Plus Magazine! Make sure to take a look at Ned Murphy's interview, where he shares his insights about how we here at Moore Ireland are coping with remote working, and, the effects of COVID-19 on the practice.

Exciting times with the CUMA Spring forward 2021 virtual event! Our own Brian Hayes was one of the guest speakers and he discussed the topic of "Management Information - Guidance on Design & Reporting" on Tuesday 2nd of March, 2021.

Moore are delighted to have worked with Anthony O’ Leary, Diarmuid Nolan and the O'Leary Insurances Ltd team on the recent acquisition by Brown & Brown Inc. of the general insurance business of the O’ Leary Insurance Group which has now been completed. 

Fantastic to get a mention from Richard Hogan in yesterday's Irish Examiner. In this piece, Richard discusses how important mental health and wellbeing is within organisations, especially with the challenges covid-19 has put on staff.

 

Key Points from the 2021 Budget

See the latest overview of the key Government interventions and measures as they relate to COVID-19

The following link will guide you through a range of issues for enterprise to consider in responding to a COVID-19 outbreak.

This article sets out some of the VAT issues that can arise in practice for VAT registered Solicitors. It is important to ensure that Solicitors correctly account for VAT as penalties may even be charged even where there is no tax liability.