Personal tax credits table for years from 2012 to 2016.
Category Archives: English Articles
IE | €500 Tax-Free Gift Card for Employees
Employers can give their employees non-cash gift of up to €500 tax free from 22. October 2015. The benefit is usually in form of a voucher or gift card and there is no income tax, pay related social insurance (PRSI), universal social charge or benefit-in-kind tax for employee.
However, the benefit cannot go over €500 in value for a year, must not be in the form of cash, and the gift cannot be exchanged for cash, in part or in full.
IE | Processing Payroll in January 2016
P2C
Revenue will issue P2Cs to all employers during December 2015. P2C is information about tax credits, cut off points and thresholds for employees which will be applicable from 1 January 2016.
Employers should try to hold back running January payrolls until they receive the 2016 P2Cs.
IE | Local Property Tax (LPT) for the year 2016
Whoever is the liable person for the residential property on 1 November 2015, will be responsible for paying the LPT liability for 2016.
Some local authorities have reduced the LPT rate for 2016.
IE | Motor Vehicle off the Road
If your vehicle is off the road (for example is broken down) and you won’t drive it on public roads more than 3 months, you don’t have to pay motor tax.