PAYE modernisation takes effect from 1 January 2019. From this date, employers will have to report payroll information to Revenue in “real-time” i.e. each time they pay their employees. The new system is intended to ensure that every time an employer runs their payroll:
Employees will be also be able to access payroll information relating to them through ‘My Account’, an online Revenue portal.
This new system means that employers can no longer correct or true up errors or omissions at the year-end as the P35 annual return will be abolished. Therefore, the last P35 that you will be required to file will be in respect of the year ended 31st December 2018.
Please see link to our PAYE Modernisation Update document for further information.
Return to Tax Issue - Spring 2019
Our offices are strategically located to service our market and are easily accessed from any location nationwide.
Park View House,
Beech Hill Office Campus,
Clonskeagh, Dublin 4,
D04 X7V2, Ireland
RBK House, Irishtown
N37 XP52, Ireland
RBK House, Castle Street,
F42 NR79, Ireland