Insights

Guidelines on performance fees in UCITS and certain types of AIFs were published by ESMA on 5th November 2020 and will become applicable from 5th January 2021.

The debt warehousing scheme now includes income tax liabilities which normally fall due on 31 October 2020. This means that payments of the balance of income tax due for 2019 and preliminary tax for 2020 may be deferred, or known as ‘warehoused’, for up to 12 months’, interest free. A lower 3% reduced interest rate will apply thereafter to any outstanding payments until they are paid in full.

Bernard Doherty discusses the July Job Stimulus.

Read our publications on EU mandatory disclosure requirement

The Irish Sport Horse Industry directly contributes over €816m per annum to the Irish Economy and provides over 14,000 jobs in the sport horse breeding, competition and recreational sectors. In addition to this highly significant economic contribution, the sector is vitally important to the social and cultural fabric of rural Ireland.

Read our latest article on WeLearn by Grant Thornton

Read our new cyber article Do companies take cybersecurity seriously enough?

Read our latest article on 6 ways to make the web safe for your children

All RTD’s for businesses with a 31 December 2017 year end must submit a RTD on or before 23 January 2018 via the Revenue Online System (“ROS”). Please contact a member of our indirect tax team if you require assistance with completion of your RTD.

This indirect tax update looks at VAT exemption on certain medical diagnostic services, VAT repayment offset changes with effect from 25 November 2019 and much more.

Irish Examiner article Grant Thornton: The fastest-growing firm in the fastest-growing region

The Department of Public Expenditure and Reform have announced changes from 1 July 2019 to the standard rates of subsistence allowances in Ireland that apply to the Civil Service.