TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Multiple Employments – Allocation of Tax Creditsand Bands

Following queries raised by members on the allocation of tax credits and the standard rate band in cases of multiple employments, Chartered Accountants Ireland has confirmed with Revenue through the TALC Audit and TALC Collection forums, that taxpayers can request Revenue allocate their tax credits and standard rate band to suit their particular circumstances. This has been drawn to the attention of all Revenue staff.

We were also informed that Revenue has published information on Overtime, Bonuses and Second Jobs on their website which can be accessed at http://www.revenue.ie/en/personal/faqs/overtime-bonuses-second-jobs.html#section2