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The PUP and TWSS payments are not taxed at source

You may owe tax on Covid income support payments

Over one million people received some form of income support from the State in recent months, whether it was the Covid-19 Pandemic Unemployment Payment, or payments through the Temporary Wage Subsidy Scheme.

Business • 17 Jun 20

The Irish Fiscal Advisory Council has warned that hard choices on tax and the pension age will be required over the next five years

Tough choices ahead - Irish Fiscal Advisory Council

The chair of the Irish Fiscal Advisory Council has said that hard choices on tax and the pension age will be required over the next five years as a new government seeks to recover from the Covid-19 crisis and looks to deliver ambitious new projects.

Business • 11 May 20

Paschal Donohoe said the wage subsidy scheme is keeping over 400,000 people in a job which is critical for the economy

TWSS changes for lower income earners on the way

The Minister for Finance has said that changes to the Temporary Wage Subsidy Scheme to make sure it is more effective for those on lower incomes are being made today.

Business • 06 May 20

Revenue won't apply interest on late VAT returns for January and February due from SMEs seeing temporary cash flow difficulties because of Covid-19

Revenue moves to help firms hit by virus criticised

Business owners have criticised measures announced by Revenue today aimed at helping small and medium-sized enterprises to cope with temporary cash-flow difficulties caused by the Covid-19 outbreak.

Business • 14 Mar 20

Revenue said it works very successfully with businesses that engage early to resolve their tax payment difficulties

Revenue urges early engagement on virus tax hit

Revenue has said it will engage with any viable business that experiences temporary cashflow difficulties as a result of exceptional circumstances such as the Covid-19 outbreak.

Business • 10 Mar 20

The Exchequer had a surplus of almost €1.67bn in January

Exchequer January tax take up 10% to €5.9bn

The Exchequer collected €5.9 billion in taxes last month, up 10% on January last year, according to figures published by the Department of Finance.

Business • 04 Feb 20

Revenue sent out a letter in 2016 and within 6 months, more than €27 million was claimed in refunds by PAYE taxpayers.

Here's how to claim a tax refund from Revenue

Don't panic if you've received a letter from Revenue. It could be one of 130,000 letters sent to PAYE taxpayers as a reminder to claim refunds on tax credits or reliefs.

Business • 28 Nov 19

The company paid €63.2m in tax on its 2018 profit

Facebook's Irish profits rose 43% last year

Facebook Ireland made a profit before tax of €361.3m in 2018 on revenues of €25.5bn.

Business • 25 Nov 19

Revenue's ROS deadline extended until midnight on Sunday due to issues experienced today and yesterday

Revenue says no surcharge on returns filed this week

Revenue has said that its online system ROS is back up and running after being offline for some time today.

Business • 13 Nov 19

A total of 761 taxpayers have had such a claim accepted by Revenue over the past five years

Revenue missed out on €100m due to inability to pay

Revenue has foregone tax, interest and penalties worth over €100m in the past five years in circumstances where taxpayers have pleaded inability to pay the money they owe.

Business • 25 Oct 19

Paschal Donohoe said it was too early to quantify any potential cost to Ireland of the tax changes

Ireland will be impacted by OECD tax overhaul - Donohoe

The Minister for Finance has said changes afoot at an international level on how corporations are taxed will impact Ireland.

Business • 25 Oct 19

The self-assessment tax deadline is October 31

Tax deadline looms for self-assessed taxpayers

The tax deadline for self-assessed taxpayers is at the end of the month.

Business • 23 Oct 19

OECD's head of tax policy Pascal Saint-Amans said tensions have to be removed from the tax system

Corporation tax revenue could fall under OECD proposals

Ireland could see its share of corporation tax revenue from large multinationals fall if new proposals published by the OECD this morning are adopted.

Business • 09 Oct 19

Google pays little tax in most European countries as it reports almost all it sales here in Ireland

Google to pay €1bn to settle French tax probe

Google agreed to pay close to €1bn to French authorities to settle a fiscal fraud probe that began four years ago in a deal that may create a legal precedent for other large tech companies present in the country.

Business • 12 Sep 19

The group of US billionaires calling for higher taxes on the wealthiest includes George Soros

'Tax us more,' US billionaires say

"Tax us more!" is the message from about 20 super-wealthy Americans who have urged presidential candidates to back higher taxes on the wealthiest to confront climate change and other priorities.

Business • 25 Jun 19

Increasing tax bands, credits and welfare payments in line with price or earnings inflation is a process known as indexation

Linking tax, welfare to inflation to cost up to €1.2bn

Linking tax and welfare measures to inflation would cost up to €1.2 billion in Budget 2020, according to new research from the Economic and Social Research Institute.

Business • 12 Jun 19

The action arises from an assessment for 2013 which altered the amount of tax Revenue claims is due from the company

Perrigo seeks judicial review of €1.6bn tax ruling

An Irish registered pharmaceutical company has been granted permission by the High Court to bring a judicial review application aimed at overturning a €1.6 billion tax demand by Revenue.

Business • 25 Feb 19

Finance Minister Paschal Donohoe appears before the Joint Oireachtas Committee on Finance today

Finance's projections on Brexit conservative - Donohoe

Figures by the Department of Finance on a disorderly Brexit "may be conservative" according to Minister Paschal Donohoe.

Business • 05 Feb 19

Apple is one of several US technology giants in the line of fire in Europe over their tax strategies

Apple agrees €500m tax settlement with France

Apple has reached an agreement with French authorities to settle 10 years of back taxes, becoming the latest US company to reach a deal with France which has led a European push for higher taxes on tech giants.

Business • 05 Feb 19

The power to set tax rates is guarded by member states

EC urges debate on reform of national tax veto

The European Commission has called for a debate on reforming decision-making for areas of EU taxation policy, which currently requires unanimity among member states.

Business • 15 Jan 19

An investigation into the tax treatment of Nike in the Netherlands has been opened by the European Commission

Nike's Dutch tax status investigated by EU regulators

The European Commission has opened an investigation into the tax treatment of Nike in the Netherlands, saying this may have given the US sportswear maker an illegal advantage.

Business • 10 Jan 19

Facebook Ireland's effective tax rate for last year was 15.5%

Facebook paid €38.3m in tax on profits of €251.8m here

New accounts published by Facebook Ireland show the social network paid €38.3m in tax here last year on a profit of €251.8m.

Business • 28 Nov 18

According to the US firm's latest set of financial accounts for its Irish operation, turnover increased by €5.9 billion in 2017 to €32.2 billion, with the rise primarily driven by higher advertising revenue

Google Ireland paid €171m in tax last year

Google Ireland paid just under €171m in tax last year on profits of €1.16 billion, giving the company an effective tax rate here of 14.69%.

Business • 23 Nov 18

Research carried out Bibby Financial Services in its latest SME Confidence Tracker suggests almost nine out of ten smaller companies feel they should be getting more help to deal with Brexit

SMEs call on Govt for more support to deal with Brexit

Small and medium-sized businesses are calling on Government to give them more support to fend off the challenges brought on by Brexit.

Business • 01 Nov 18

The Irish Tax Institute says the Universal Social Charge has driven increased 'progressivity' in the income tax system

Workers paying more tax now than a decade ago

The Irish Tax Institute says workers across all salary levels continue to pay more personal tax than they did ten years ago, despite a programme of personal tax reductions over the last seven years.

Economy • 18 Sep 18