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

Medical Insurance and Employers

Rarely has the time-consuming and complicated compliance burden on employers been better encapsulated than in a recent Revenue eBrief regarding medical insurance and BIK.

Apparently some employers have returned P35Ls with incorrect amounts entered for medical insurance eligible for tax relief. The onus is on the employer to fix the mistake. The consequences are on the employee if the mistake is not fixed.

If you pay BIK-able medical insurance for your employees, it might be worth your while to look at Revenue ebrief 25/15.