Factsheets

Discover how Budget 2025 enhances R&D tax credit opportunities for innovation-focused companies. Maximise your R&D investments with expert guidance.

The Minister for Finance, Jack Chambers, and the Minister for Public Expenditure, Paschal Donohoe, today published the government’s Summer Economic Statement 2024 outlining the fiscal parameters within which discussions will take place ahead of Budget 2025.

Discover changes to company size criteria under new EU regulations. From July 2024, increased thresholds for 'micro,' 'small,' 'medium,' and 'large' companies take effect.

Discover key employment tax changes in Ireland and stay compliant: Enhanced Reporting Requirements, staff entertainment, travel expenses, and contractor status insights.

When engaging contractors to provide services, the nature of the engagement should be considered in order to determine whether it is one of employment (employee) or self-employment (contractor). Complete the 5-step decision-making framework used to determine employment status.

Download our simple guide for Irish tax rates, credits and filing deadlines, as well as a summary of the key Irish tax reliefs, for 2024. This guide is updated to include amendments made by Finance Act 2023.

Businesses availing of the Debt Warehousing Scheme (DWS) have until 1 May 2024 to either pay their warehoused debt in full or engage with Revenue on addressing the debt. Read our latest insight to find out more.

The most recent Finance Act introduced a number of important changes to retirement relief, which may impact family businesses. Those affected should act now or face previously unforeseen CGT liabilities. Read our latest insight to find out more.

With effect from 1 January 2024 a new mandatory Capital Acquisitions Tax (CAT) reporting obligation is imposed on the recipients of certain loans from close relatives. Read our latest insight to find out more.

Employers and trustees operating share schemes are required to file an annual return with Revenue by 31 March after the end of each tax year. The return form to be filed is dependent on the type of share scheme operated. In some cases this includes the filing of a nil return where no reportable events have taken place during the year in question, but a filing is still required.

Navigate the changes in EU tax regulations with BEFIT and Transfer Pricing proposals, aiming for harmonisation, fair taxation, and reduced compliance burdens.

Irish Revenue published a new tax and duty manual Part 35a-01-05 – Requests for TP Documentation (‘TDM’) in December 2023. The TDM serves as a policy document to ensure that the Transfer Pricing Audit Branches (‘TP Audit Branches’) take a consistent approach when requesting TP documentation from taxpayers for risk assessment. Read our latest insights and stay informed with the latest Transfer Pricing updates.

As a component of the European Union’s (EU) aspirations for climate neutrality, CBAM, effective from October 1, 2023, will have an impact on the importation of goods in specific sectors with high carbon emissions into the EU.

On 22 December 2023, the Irish Government published SI 650 and SI 651 of 2023, two statutory instruments transposing into law the EU CESOP Directive that introduces new record-keeping and reporting requirements for Payment Service Providers (PSPs).

Finance Bill (No. 2) 2023 introduced an amendment to the collection and reporting requirements of share option related taxes. The taxation of a gain realised on the exercise, assignment or release of share options has moved from an individual self-assessment system to a PAYE real-time payroll withholding system.

Budget 2024 and Finance (No. 2) Bill 2023 announced a package of wide-ranging measures to support Irish enterprise, which Minister for Finance Michael McGrath believes will make a very positive difference and encourage more businesses to engage with the R&D regime.