Revenue eBrief No. 065/22

15 March 2022

Update to manual Part 13-02-05 Surcharge of Certain Undistributed Income of Close Companies

Tax and Duty Manual Part 13-02-05 - Surcharge on Certain Undistributed Income of Close Companies - has been updated as follows:

  • The COVID-19 related temporary concession regarding the close company surcharge will only apply to accounting periods ending up to 31 March 2022.
  • Normal Close Company Surcharge provisions will apply for accounting periods ending after this date.