Enhanced Reporting Requirement. (ERR) in full swing through 2025
Revenue have labelled this Phase 1 and have stated that they will support the introduction of this scheme.
The literature I have read is mainly concerned with date paid and the amount and should be submitted before the payment is made. Making a return to Revenue monthly for all staff is not allowed. It is as it happens in real time through payroll software or ROS. It will apply to any payments you make to an employee or director under the following categories:
·Small Business Exemption (Annual vouchers to staff to the limit of €1500 (details of the date paid and value of this benefit and can occur up to 5 times per year as long as does not exceed the limit in total)
·Remote working daily allowance (You will report Total days, amount paid and the date paid.
·Travel and subsistence (date paid and the amount paid) for the following payments
travel vouched.
travel unvouched.
subsistence vouched.
subsistence unvouched.
site-based employees (including 'Country money')
emergency travel
eating on site
Small Business exemption has gone up to at €1500 - Tax free Voucher to employees - now reportable under ERR to Revenue
up to 5 vouchers adding to €1500 in total is allowable per year and no carrying over to next year if unpaid.
Civil service Mileage rates remain the same as updated on 1st September 2022
BIK on Company Vans first €10,000 taken off OMV before 8% applied extended to 2024
Once an employee has been working for the employer for 13 weeks, they will qualify for Statutory Sick Pay paid by the Employer.
Paid sick leave has been phased in from 2023.
· 2024 – 5 days covered
· 2025 – 5 days covered (not signed in by government yet to change to 7 days)
· 2026 – 10 days covered
The employer pays 70% of the normal daily rate to a maximum of €110 per day. It can be taken together or in separate days through the year and runs on Calendar Year January to December 2024 Employees must submit a medical certificate to be eligible for this leave Employers must keep records for 4 years of SSP. After 5 consecutive days of sick leave, the employee can apply for illness benefit through the Department of Social protection if still absent with a medical cert.
