News

Library of Knowledge No. 25.

Revenue are conducting a programme of compliance on all employers who availed/are availing of the COVID-19 TWSS.

This program has commenced and all employers should check their ROS Inbox on a daily basis.

The document received must be completed and returned within 5 days.

It is essential that employers respond promptly as failure to do so may lead to suspension of future COVID-19 TWSS refunds.

Revenue have confirmed that the programme is expected to last for several months.

Note: For our payroll bureau clients, we will also receive a copy of this revenue letter. Upon receipt we will be in contact with each client.

Extract from Revenue:

Compliance Programme To ensure the scheme is operating correctly Revenue is conducting a programme of compliance checks on all employers availing of the scheme and will be contacting all employers to confirm that:

• They meet the eligibility criteria
• Employees are receiving the correct amount of subsidy; and
• The subsidy amount is being correctly recorded in employee payslips.

The compliance check programme will also address any identified issues in respect of the operation of Real Time PAYE (PMOD) by employers over 2019 and 2020 and will also provide an opportunity for employers to address any other outstanding tax issues.

This will be of importance to employers who may intend to avail of the “debt warehousing” scheme for Employer PAYE and VAT liabilities incurred during the pandemic period as up-to-date compliance will be a prerequisite in order to avail of that scheme.

Letters will issue to employers and their agents, where relevant, mainly through the ROS Inbox.  The programme is expected to last for several months.

It is essential that employers respond promptly as failure to do so may lead to suspension of future payments.

Stay safe and well.