People count more than numbers

Details of Covid Restrictions Support Scheme (CRSS) published in Finance Bill 2020

Covid Restrictions Support Scheme (CRSS) The Covid Restrictions Support Scheme (CRSS) announced on Budget day provides targeted support to businesses that are forced to close temporarily or operate at a significantly reduced level because of COVID-19 public health restrictions that either prohibit, or significantly restrict, customers from accessing their business premises. Generally, this refers to […]

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EWSS Follow up

Registration for EWSS is now available on Revenue On-Line. If you plan on availing of the Employment Wage Subsidy Scheme you need to register in advance. The process is straight forward. – Logon to ROS, Go to ‘Manage Tax Registrations’  – Scroll down to ‘Employment Wage Subsidy Scheme’ and select ‘Register’ – Confirm the declaration […]

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Companies (Miscellaneous Provisions) (COVID-19) Act 2020

On the 30th of July last the Companies (Miscellaneous Provisions) (COVID-19) Bill 2020 passed all stages through Dail Eireann and became law on Saturday the 1st of August 2020 when it was signed into law by the President.  The new law can be cited as the Companies (Miscellaneous Provisions) (COVID-19) Act 2020. Principal features of the Act […]

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July Jobs Stimulus 2020 – Update

Now that the legislation to enact the July Jobs Stimulus package has been passed into law, Revenue has now issued a press release with further details on the tax measures announced including:- Measures to assist businesses in dealing with tax debt Debt Warehousing of certain PAYE (Employer) and VAT debts. Reduced interest rate for outstanding […]

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Information on the debt warehousing scheme

Legislative footing for the debt warehousing scheme, announced on 2 May 2020, is now enacted. In addition, Revenue published ane Information booklet on: Warehousing of tax debts associated with COVID-19 and reduced interest rate on other tax debts, during the week. The debt warehousing scheme provides for the ‘warehousing’ of PAYE (Employer) and VAT debts […]

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