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What is PAYE Modernisation

Overview With effect from January 1st 2019, the PAYE system operated by the Revenue Commissioners is being redesigned. The PAYE Modernisation Project will be a new real time reporting regime operational for all employee payments. Employers will need to calculate and report their employees’ pay and deductions as they are being paid.The file containing all

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What are the reporting requirements of PAYE Modernisation

The way an employer will report employees’ pay and payroll deductions to Revenue will change to real time reporting with effect from January 1st 2019. This means that the current returns reported to Revenue such as P30’s, P35’s, P45’s and P60’s will all be abolished. What will this real time reporting involve? Each time an

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National Minimum Wage Increase 2018

With effect from 1st January 2018 the National Minimum Wage is to increase. The national minimum wage for an experienced adult is to increase by 30cent per hour with effect from 1st January 2018 to €9.55 per hour. An experienced adult worker for the purposes of the National Minimum Wage Act is an employee who

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16 Things You Should Know About Payroll

Every company battles with your payroll services, to help you, we’ve compiled a list of FAQs which cover the key aspects of compliant payroll. What rate of income tax will apply to my income? Income tax is charged on employment income arising in Ireland.  The standard rate of tax is 20% and the higher rate