UK State Pension – Deadline for Making Voluntary Contributions
31 Mar 2025Worried about gaps in your National Insurance record? Find out how voluntary contributions can help you qualify for the full UK State Pension — and why acting before the 5 April 2025 deadline could make all the difference.
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Revenue Updates Subsistence Rates for Road Haulier Drivers – Effective 29 January 2025
Effective 29 January 2025, Revenue has updated subsistence rates for road haulier drivers. Employers must apply the new rates, report payments under the Enhanced Reporting Requirements (ERR), and maintain accurate travel records. While the update reflects rising costs, the lack of suitable overnight facilities for drivers remains a key compliance and logistical challenge.
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Tax Benefits of driving an Electric Vehicle
From 2023 to 2027, businesses can offer electric vehicles to employees with reduced Benefit-in-Kind (BIK) charges based on the vehicle’s Original Market Value (OMV). Reductions range from €35,000 (2023–2025) to €10,000 (2027), with an extra €10,000 available for 2023–2025. No BIK applies if the OMV is reduced to zero. Employers can also provide workplace or home EV chargers (from 2025) without triggering BIK, provided certain conditions are met.
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Power Up Grant is now available. .
Power Up Grant is now available from yesterday Oct 24th Power Up grant package is aimed at retail and hospitality businesses. The €4,000 one-off grant is available to those who received the second ICOB payment.
PRSA Funding opportunity Oct 24
With effect from 1st January 2025 employers can only contribute up to 100% of an employee’s or director’s salary to a PRSA. Click Link to see more
Budget Highlights 2025
Minister for Finance Jack Chambers and Minister for Public Expenditure Paschal Donohoe outlined the full Budget Today - 2024. Follow this link to read the Budget Summary of key points regarding taxation in Budget 2025 from Patrick Cunningham, Director, Amatino accounts
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Budget Highlights 2024
Minister for Finance Michael McGrath and Minister for Public Expenditure Paschal Donohoe outlined the full Budget Yesterday - October 10th 2023. Follow this link to read the Budget 2024 Highlights