As previously advised, Enhanced Reporting Requirements to be introduced from 1 January 2024 will require employers to report details of certain expenses and benefits made to employees and directors to Revenue. Revenue’s Tax and Duty Manual
Part 38-03-33 -
Returns by Employers in Relation to Reportable Benefits – Enhanced Reporting Requirements, has been updated with further guidance.
CCAB-I have previously raised their concerns with the implementation of these requirements in a
letter to the Minister for Finance and at recent TALC meetings.
For further information and details of upcoming and recorded Revenue webinars please click
here.