Get Prepared for PAYE Modernisation - A Quick Guide For Irish Businesses
The IoD partnered with the Irish Tax Institute and Small Firms Association to launch a new guide to help over 200,000 employers across Ireland to get ready for the biggest change in Revenue’s payroll reporting and compliance regime in almost 60 years.
A new real-time technology-driven system known as “PAYE Modernisation” is going live on 1 January 2019 and employers had been asked to get their employee records in order by 31 October so that their systems can go live in January. While just over 45,000 employers have uploaded their employee records to Revenue’s system, it accounts for only 23% of the total employers in the country, meaning much work is still needed.
Download the PAYE Modernisation booklet here.