Case category//How do I...//governmental/legislative compliance
Author:
paul.morgan@sage.com
Enhanced reporting requirements (ERR)
Description
From 1 January 2024, employers report the details of certain tax-free expenses and benefits made to employees and directors to the Revenue.
NOTE:If you're unsure about an expense category for the ERR submission, refer to Revenue for clarification.
Cause
Resolution
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Details to report to Revenue under ERR
Small benefit exemption - Up to two small benefits, tax free, each year, for example, One4All vouchers. The combined value of the two benefits can't exceed €1000
Remote Working daily allowance -Track the number of days and the amount paid for each employee receiving the allowance
Travel and subsistence - Report the following items and amounts paid for each applicable employee and director:
NOTE:Revenue advises taking a service for compliance approach from 1 January 2024 to 30 June 2024. This means they won’t apply any penalties for non-compliance with the Enhanced Reporting Requirements during this time.