St. Patrick’s Day 2024 falls on Sunday March 17th and it is a Public Holiday in Ireland. Monday 18th March 2024 will be a Bank Holiday (Banks are closed) but it is NOT a public holiday. It is a requirement that full-time employees, and eligible part-time employees, are given their public holiday statutory entitlement for […]
Continue reading…
There can be some confusion about entitlement to bank holiday pay in Ireland. For example – many people are unsure if Christmas Eve is a Bank Holiday. (it isn’t). Christmas Eve , New Year’s Eve and Good Friday are not public holidays and workers are not entitled to bank holiday pay for those days. Christmas […]
Continue reading…
There were some USC and Income Tax changes announced in Budget 2024 and they will take effect from January 1st 2024 . From January 1st 2024 there will be an increase of €2000 in the income tax standard rate cut-off point for all earners, from €40,000 to €42,000 for single individuals and from €49,000 to […]
Continue reading…
Revenue has always stated that the Covid Wage Subsidy will be subject to USC and Income Tax eventually – but not while it is being paid out. Employees will be liable for any tax on the subsidy amount by way of review at the end of the tax year. (There will also be Tax due […]
Continue reading…
PAYE Tax Changes Revenue has made some Income Tax Changes For Recipients of the Pandemic Payments. They have changed the tax basis for all employees that received payments under either the Wage Subsidy Scheme or the Pandemic Unemployment Payment.All affected employees have been moved on to Week 1 basis. Revenue sent notifications to employers to […]
Continue reading…