Postponed accounting for UK imports Postponed accounting for VAT on imports from UK and other non-EU countries is now available to all VAT registered traders from 1st January 2021. This scheme: provides for postponed accounting for VAT on imports from non-EU countries. Before this you had to pay at point of entry. enables you to…
PUP for self employed If you are self-employed, you can earn up to €960 over 8 weeks and keep your PUP payment. The €960 limit is based on gross income (before tax and PRSI) minus expenses. You do not need to apply to or notify the DSP that you are earning below this amount over…
Seasonal virtual parties Due to Covid 19 restrictions where normal staff celebrations are not possible, revenue are allowing for the cost of holding virtual parties incurred by employers for their staff as outlined below A BIK or tax charge will not arise where an employer incurs reasonable costs in hosting a virtual seasonal party for…
