Yes, but you never know with the semistates. They are a law on to them selves.
Where the employer meets any of the costs associated with the provision of living accommodation, e.g. cost of light or heat, a taxable benefit will arise on the amount met by the employer and not made good by the employee.
Staff Discounts
Price above cost to the employer
Price below cost to the employer
- A discount, given by an employer (e.g. an employer in the retail sector) on the purchase of goods by an employee, is not regarded as a taxable benefit if the sum paid by the employee is equal to or greater than the cost to the employer of acquiring or manufacturing the goods and
- The goods cannot reasonably be converted into money or money's worth.
Where goods are sold below the employer's cost and the goods cannot reasonably be converted into money or money's worth, the difference between that cost and the price paid is a taxable benefit and PAYE and PRSI must be operated on this amount.
Note: Staff availing of such discount may not avail of small benefit concession in the same year of assessment.
Not really. Revenue enforce the tax laws.Yes, but you never know with the semistates. They are a law on to them selves.
Yes, but you never know with the semistates. They are a law on to them selves.
Not really. Revenue enforce the tax laws.
I don't think any regulatory or enforcement body anywhere in the world ALWAYS enforces ALL laws, so that's not really a fair measure.Revenue don't always enforce all tax laws.
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