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Revenue

Focus On

Tom Maguire: Revenue’s input critical as global rule changes present challenges

While headway was made last year on complex EU tax issues, it is still an evolving area and guidance is essential if new measures are to be implemented
  • Tom Maguire
  • May 21, 2022

Demolition of Revenue’s Limerick HQ ‘farcical’, says Green TD

Brian Leddin, chair of Oireachtas environment committee, says plan to demolish 1970s-era Sarsfield House should be re-examined due to impact on the environment
  • Michael Brennan
  • May 8, 2022
Tax

Big earners want to strike deals with taxman after settlement

A dozen or more high net worth individuals are hoping for a favourable deal with the Revenue Commissioner after a businessman allegedly agreed to settle for a fraction of his tax liability
  • Catherine Sanz
  • May 8, 2022

Revenue boss Cody gets three-year extension in his post

The chairman of the tax authority was due to finish his term in office last January, but he indicated his willingness to serve for longer
  • Michael Brennan
  • May 1, 2022

Revenue to contact 300,000 property owners yet to file LPT return

Returns for the 2022–2025 valuation period were due in November 2021
  • Eva Short
  • March 28, 2022

Tom Maguire: Territorial gains to be won from tweaks to foreign income tax

The laws on taxing foreign income are complex and any moves to change and simplify the system will be welcomed by businesses, investors and the tax authorities
  • Tom Maguire
  • March 20, 2022

Updated audit code takes radical new approach to compliance interventions

New and improved code of practice represents most significant change to Revenue’s approach to compliance interventions in years, says Deloitte
  • Tom Maguire
  • March 6, 2022

State inspectors cut PUP payments to more than 37,000 working claimants

Pandemic payments were stopped after data-matching showed thousands were still claiming support while back at work
  • Michael Brennan
  • March 6, 2022

More than €50 million in wage subsidies recouped through inspections

The Revenue enforcement measures returned €31.5 million in Temporary Wage Subsidy Scheme and €19.2 million in Employment Wage Subsidy Scheme to the state
  • Sarah Taaffe-Maguire
  • January 25, 2022

Ian Guider: Tax amnesty for pubs and restaurants may be only saving grace

Pubs and hospitality businesses have gritted their teeth during the pandemic, only to now be faced with huge tax liabilities. It’s time to give them a break
  • Ian Guider
  • January 23, 2022

Editorial: Good news on tax receipts, but we must be wary of becoming too reliant on one source of income

The Irish economy has made a phenomenal recovery over the last 18 months, as reflected in the latest exchequer figures, but it must avoid becoming too reliant on corporate tax
  • Business Post
  • January 9, 2022

Revenue claws back wage subsidy from parents who used it to pay childminders

Some 39 households claimed around €7,000 each on average under the scheme which was meant only for businesses
  • Michael Brennan
  • January 9, 2022

Revenue deploys ‘real-time’ info to claw back €105m in wage subsidies

The organisation is using its online PAYE system to receive electronic updates whenever a new wage payment is made by employers to workers
  • Michael Brennan
  • January 9, 2022

Details of Perrigo’s €1.64 billion tax appeal can’t be disclosed - Tax Appeals Commission

The Public Accounts Committee had sought information on Perrigo’s appeal of its Revenue bill which it settled for less than €300 million
  • Róisín Burke
  • November 22, 2021

Revenue to reduce tax penalties for those who declare offshore accounts

Those voluntarily declaring such accounts will see mandatory penalty reduced from 15 per cent to 3 per cent
  • Michael Brennan
  • November 7, 2021

Is this the calm before the great insolvency storm?

This year has seen fewer insolvencies than expected, particularly in the hard-hit hospitality and retail sectors. How is this happening – and will fortunes shift when the pandemic supports wind down?
  • Peter O'Dwyerand
  • Lorcan Allen
  • October 17, 2021

Revenue narrowing search for employers who breached tax subsidy scheme

The tax authority is tracking down the final 95 employers after receiving settlements from another 1,600, worth €28.5 million
  • Michael Brennan
  • October 10, 2021

The strange case of Perrigo, the Revenue and the shrinking tax demand

Why did our tax authority settle for less than one-fifth of what it thought was properly owed by an American-based pharmaceutical company?
  • Matt Cooper
  • October 3, 2021

Ian Guider: Pension crunch is coming as the state struggles to pay the bills

The government needs to find new sources of cash, and the generous tax treatment of high earners with lucrative pensions might be one area to reconsider
  • Ian Guider
  • September 12, 2021

Build-to-rents now included in property tax sweep

Up to 100,000 previously exempt new homes should boost Revenue coffers this year
  • Michael Brennan
  • August 15, 2021

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