Credit in respect of tax deducted from emoluments of certain directors and employees

 

May 2023

The tax and duty manual in respect of tax deducted from emoluments of certain directors and employees has been updated, the update explains:
  • That debt warehousing of Schedule E liabilities for a self-assessed director or employee was available for income tax payments which fell due on 31 October 2020 and 31 October 2021, and
  • That it was not possible to warehouse Schedule E liabilities that were due to be paid by 31 October 2022 (16 November 2022 where the ROS extension applied).
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Source: www.revenue.ie