Ireland: Tax relief provided in response to coronavirus (COVID-19)
Ireland: Tax relief provided in response to coronavirus
Irish Revenue announced tax relief measures in response to the coronavirus (COVID-19) epidemic.
As noted by a Revenue release, there are measures intended to provide relief to small and medium-size businesses as well as items dealing with, among other things, value added tax (VAT) returns and tax clearance certificates.
The announcement provides, among other measures, that application of interest on late payments of tax is suspended with respect to January and February VAT remittances and for both February and March PAYE (employers) liabilities and that current tax clearance status will remain in place for all businesses over the coming months.
Read a March 2020 report prepared by the KPMG member firm in Ireland
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