Bookkeeping / Enhanced Reporting Requirements (ERR) / Payroll

Returns by Employers in Relation to Reportable Benefits – Enhanced Reporting Requirements

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Revenue eBrief No. 013/24

Returns by Employers in Relation to Reportable Benefits – Enhanced Reporting Requirements

Tax and Duty Manual Part 38-03-33 – Returns by Employers in Relation to Reportable Benefits – Enhanced Reporting Requirements (ERR), has been updated as follows;

  • in paragraph 1, to confirm that S.I. No. 635/2023 – Finance Act 2022 (Section 9) (Commencement) Order 2023 provides that the ERR came into operation from 1 January 2024 and to provide a link to the Revenue Press Release about the approach to be taken until 30 June 2024, and
  • in paragraph 5, to refer to S.I. No. 1/2024 – Income Tax (Employments) Regulations 2024, which prescribes the reporting period, the form, and other particulars or documents that will apply in regard to reportable benefits.

EXTRACT:

  1. Introduction

Section 897C of the Taxes Consolidation Act 1997 (TCA 1997), introduced by Finance Act 2022, provides for the mandatory reporting to Revenue by employers in respect of three specific measures, collectively referred to as “reportable benefits”. Such reportable benefits are made without the deduction of tax.

The reportable benefits are:
1) the remote working daily allowance of €3.20,
2) the payment of travel and subsistence expenses, and
3) the small benefit exemption.

When the legislation was introduced in 2022, it was subject to a Commencement Order to allow sufficient time for the necessary implementation stakeholder consultation process.

S.I. No. 635/2023 – Finance Act 2022 (Section 9) (Commencement) Order 2023, available on the Irish Statute Book, provides that the Enhanced Reporting Requirement [ERR] came into operation from 1 January 2024, with employers required to report from this date.


Details of the filing options available to employers are explained in section 6. Revenue confirmed in a Press Release that it would be taking a service for compliance approach to supporting businesses with the regime in the period up to 30 June 2024.