MLMG News Archives | Page 2 of 7 | Chartered Certified Accountants | Taxation

Your Pandemic Tax Bill for PUP and Other Subsidies Explained.

Feb 16, 2021 | Accounting, Covid 19, MLMG News, Personal Finance, Tax Planning

Thousands of workers who received the Pandemic Unemployment Payment (PUP) or the Temporary Wage Subsidy Scheme (TWSS) have now received tax bills for 2020. Here is what you need to know: Why do I have to pay tax on these State subsidies? The PUP and TWSS were...

InterTradeIreland Covid-19 Grant

Feb 1, 2021 | Accounting, Blog, Covid 19, Funding, Grants & Schemes, MLMG News

InterTradeIreland is offering vouchers to the value of £2,000/€2,250 (including VAT) to cross-border companies to address key business challenges related to Covid-19. The funding is being provided under the “Emergency Business Solutions” scheme. Funding is available...

Increase in National Minimum Wage

Dec 15, 2020 | Accounting, Blog, MLMG News, Tax Planning

The National Minimum Wage rates in the Republic of Ireland are due to increase on 01.01.2021. The revised rates are as follows: Aged 20 or more €10.20 per hour Aged 19 €9.18 per hour Aged 18 €8.16 per hour Aged under 18 €7.14 per hour Please ensure your payroll is...

Gift Cards/Vouchers – Tax savings for Employers & Employees

Dec 15, 2020 | Accounting, Blog, MLMG News

Re: Gift Cards/Vouchers – a simple way of giving your staff a bonus without having to pay Tax/PRSI/USC Did you know an employer can provide an employee/director with a non-cash bonus or benefit that is not applicable to PAYE/USC/PRSI? This benefit cannot exceed €500...

Covid Restrictions Support Scheme (CRSS)

Nov 4, 2020 | Blog, Covid 19, Funding, Grants & Schemes, MLMG News

The CRSS will provide support for companies, self-employed individuals and partnerships that have had to prohibit or substantially restrict customers from accessing their business premises because of Covid-19 restrictions. To qualify under the scheme, a business must...

Temporary Wage Subsidy Scheme (TWSS) Reconciliation Process & Deadline Update Oct 2020

Oct 28, 2020 | Blog, Covid 19, Funding, Grants & Schemes, MLMG News, Uncategorized

The Temporary Wage Subsidy Scheme (TWSS) which operated from 26 March 2020 to 31 August 2020, enabled employees, whose employers were negatively affected by the Covid-19 pandemic, to receive significant supports directly from their employer through the payroll system....

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Your Pandemic Tax Bill for PUP and Other Subsidies Explained.

InterTradeIreland Covid-19 Grant

Increase in National Minimum Wage

Gift Cards/Vouchers – Tax savings for Employers & Employees

Covid Restrictions Support Scheme (CRSS)

Temporary Wage Subsidy Scheme (TWSS) Reconciliation Process & Deadline Update Oct 2020

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