Latest Updates

Latest Updates

Latest Covid-19 supports and information below:

20 May

  • The Financial Reporting Council (FRC) has updated its guidance for companies on corporate reporting in relation to the reporting of exceptional items and alternative performance measures (APM’s) in their accounts in the context of Covid-19.

19 May

  • The Revenue Commissioners have issued a further update to their guidance on the operation of the Temporary Wage Subsidy Scheme. Now at Version 12 the guidance has been updated in relation to the rehire of an employee previously laid off and ceased on the payroll (2.8) and how an employer ceases operation of the scheme.

18 May

  • The government have agreed details of the new €250m Restart Grant, introduced to give direct grant aid to micro and small businesses to assist with the costs associated with reopening and reemploying workers following Covid-19 closures. The new grant scheme will open for applications on 22nd May 2020 through local authorities.
  • The Revenue Commissioners have updated their guidance for PAYE employees whose employers have availed of the Temporary Wage Subsidy Scheme. The guidance has been updated to provide additional information on PAYE exclusion orders, Subsidy Rates and Employee Leave.

15 May

  • The Companies Registration Office (CRO) has today published an update on current Submission processing dates.

13 May

  • The Revenue Commissioners have today updated their guidance document on the operation of the Temporary Wage Subsidy Scheme. Now at version 11 of the FAQs updates include additional guidance on the rehire of employees previously ceased on the payroll, eligible employees now on leave from employment and refunds to employers from the transitional phase.

05 May

  • A further range of economic measures have been announced by the Minister for Finance in response to COVID-19. These include legislating to permit the Revenue Commissioners to warehouse VAT and Payroll tax debt that arose on foot of the COVID-19 related restrictions. Read more
  •  The Government has announced a suite of measures to further support both SME’s and larger businesses that are negatively impacted by COVID-19. 

24 April

  • The Revenue Commissioners have confirmed that where a Corporation Tax Return in respect of an accounting period ending June 2019 onwards, and due from 23 March 2020 onwards, is filed late due to COVID-19 circumstances, certain restrictions of reliefs will not apply.
  • The Revenue Commissioners have announced that it will allow certain employers who hadn’t fulfilled their PAYE reporting obligations for February 2020 by 15 March 2020, to access the Temporary Wage Subsidy Scheme (TWSS).
  • The Financial Reporting Council (FRC) have released a podcast discussing new guidance issued by the FRC to assist auditors during the coronavirus pandemic.









Covid-19 Resources

To see the full list of resources

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