Budget 2025 Minister Jack Chambers delivered his first Budget this afternoon, 1 October 2024. While it is his first Budget, it is the current Government’s last one as a general election must be held before March 2025. The strong corporation tax receipts again exceeding forecasts together with the Apple ruling from the ECJ gave the […]
A gift or inheritance can result in a significant tax liability and to make matters worse if the assets transferred are illiquid, there may be no funds to pay the tax. The tax liability on a gift or inheritance is payable by the beneficiary which in the case of a gift from a parent to […]
Since 1 January 2024 employers have been required to report to Revenue with details of certain tax-free expenses and benefits paid to employees. Specifically, any payments made directly to employees in respect of: • Travel and subsistence • Small benefit exemption • Remote working daily allowances are required to be reported to Revenue on or […]
We are pleased to outline our commentary on Finance (No. 2) Act 2023 (“the Act”) which was signed into law by the President on 18 December 2023.
The government’s Housing for All Plan contained a proposal to introduce a new tax in order to incentivise the development of land that is serviced and zoned for residential use or mixed use to facilitate the increase of new housing supply. This tax was subsequently enacted and is known as the Residential Zoned Land Tax […]
The Economic and Social Research Institute (ESRI) recently published a paper which outlines various options to increase future tax revenues and the economic and social impact of each policy.
We are pleased to provide our comprehensive commentary on Finance Act 2020 which was signed into law by the President on 19 December 2020.
Revenue Guidance-Covid 19 and Tax Residency, cross border relief, SARP and PAYE Exclusion Orders. Click here to download…..
A Budget Like No Other Overshadowed by Covid-19 and Brexit and with a backdrop of a Budget deficit of €21.5 billion for 2020 and a forecasted deficit of €20.5 billion for 2021, the Coalition Government today, 13 October 2020, announced the biggest ever Budget package of €17.75 billion. The key tax changes are as follows: […]
The must have PMQ Tax Tables 2020 are now available. If you would like a physical copy contact us at pmq@pmqtax.com.
KEEP was introduced to help SMEs attract and retain key talent. It does so by making it tax efficient to issue share options to employees. When initially introduced the scheme was very well received in a sector that struggles to compete with the pay packages offered by larger organisations. However, due to its limitations and […]
Introduction We are pleased to provide our comprehensive commentary on Finance Act 2019 which was signed into law by the President on 22 December 2019.