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Important Update from Revenue regarding Professional Contractors coming to and working in Ireland from abroad

The Revenue Commissioners have recently updated their statement of practice which deals with employees working in Ireland via foreign companies.In essence, the statement sets out the obligations of the foreign company to operate an Irish payroll and account for the payroll taxes due under the PAYE System, (failing to do so will impact upon the contractor's client and/or agency who may subsequently become liable for the taxes due.)

This update represents a considerable tightening of Revenues approach to professional contractors coming to and working in Ireland from abroad.

Depending on the specifics of the contract in question, there are exemptions which are further explained and synopsised here.

It is vital that all agencies and contractors are up to date on the latest positions taken by Revenue to ensure compliance.

Please do not hesitate to contact Contracting PLUS for further clarification on this update, our expert Tax Advisors are on hand to talk you through and explain these new measures.

To read the extracted content of the Statement of Practice please click here.

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Saturday, 16 December 2017