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

Employer tax credit certificates

This month Revenue will issue 2016 employer tax credit certificates (P2C) to employers and pension providers for all employees and pensioners, advising of the rates and thresholds applicable from 1 January 2016.

A recent notice from Revenue to employers advises that if an employer or pension provider has not received 2016 P2Cs in time to run the January 2016 payroll(s), they should continue to use the 2015 P2Cs for tax deductions.

The Revenue’s USC FAQ document has been updated to take account of the changes to USC rates from 1 January 2016.

You can read the Revenue notice on the Revenue website.