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In the context of managing tax risk, the payment of employee expenses and other benefits is a key area for employers. Get this wrong and the employer can very quickly find themselves facing a significant tax liability with interest and penalties potentially also applying. This is a topical subject for Revenue interventions of late; the new Enhanced Reporting Requirements were introduced in 2024, a number of Revenue TDMs have been updated in recent months and it is understood that Revenue have been actively reviewing taxpayer compliance in this area. Practitioners need to be aware of developments and to advise their clients of the critical importance of following the correct procedures and tax treatment of employee expenses and benefits. It should also be noted that, in addition to the payment of travel and subsistence expenses, this area can also encompass staff entertainment and other non-cash benefits made available to employees, all of which can carry significant tax implications. 

This course outlines the recent changes to legislation and Revenue guidance in this area. It will also go through some of the practical issues that arise, including an outline of some of the issues that are being raised in Revenue interventions.

Michael O’Scathaill covers the following topics during this course:

• Enhanced Reporting Requirements – a refresher
• Revenue TDM 05-05-01o on the Provision of Staff Meals – key points and changes to guidance
• Staff Entertainment – in what circumstances might a BIK charge apply
• Procedures to follow to support the tax treatment applied to employee benefits and expenses and Revenue’s approach to same
• Revenue TDM on 42-04-73 on PAYE Settlement Agreements – an overview