2021

Budget Speech Tax Updates for 2022

    1 minute read    

In the annual budget speech held on 12 October 2021, the minister of finance announced several changes for the 2022 tax year. This article outlines the notable changes.

Updated Employment Wage Subsidy Scheme Guide released by Revenue

    3 minute read    

On 23 August 2021, Revenue published an updated Employment Wage Subsidy Scheme (EWSS) guide. In today’s blog post we will do a short recap on the recent developments to the EWSS, the updates in the new guide and the implications thereof for employers currently claiming under the EWSS.

New Feature: Pro-Rate Custom Items

    less than 1 minute read    

SimplePay automatically calculates and applies a pro-rate percentage to the Basic Salary of employees if they do not work for a full pay period i.e. the are appointed after the start of a pay period or terminated before the end of a pay period. We’ve received several requests to allow for the pro-rata percentage to be applied to other items, and are delighted to announce that this functionality is now available for certain custom items.

EWSS Monthly Eligibility Check – July Extension and Error Fixing

    3 minute read    

In this blog post we will look at the recently announced extension in the time allowed to complete the July 2021 EWSS online eligibility check to 15 August 2021 and the consequences of that extension. We will also note some recently discovered errors with the EWSS online system which were identified after the applications process started and which are currently being dealt with by Revenue.

New Feature: Batch Pay Beneficiaries

    less than 1 minute read    

In March 2021, we introduced beneficiaries to the system (refer to our blog post dated 9 March). We’ve now expanded this feature to allow you to pay beneficiaries in bulk.

End of Year Adjustments for Employers Paying Employee Liabilities Arising from TWSS

    1 minute read    

In January 2021, Revenue made a Preliminary End of Year Statement for 2020 available for each employee, to assist in determining the amount of Income Tax and USC due. Where employees have under-contributed Income Tax and USC for 2020 due to participation in TWSS, you (the employer) may decide to pay the liability on their behalf.

Employment Wage Subsidy Scheme – eligibility reporting from July 2021

    1 minute read    

Our last blog post explored the extension of the EWSS to 31 December 2021. As you know, to qualify for the EWSS employers must show a 30% reduction in turnover in comparison to the same period in 2019. Employers are required to review their eligibility on a monthly basis, but this was an internal check.

New Feature: Approver Override

    less than 1 minute read    

Our new approver override feature allows full admins to approve requests when approvers are on leave.