Revenue eBrief No. 148/24
04 June 2024
Payment made without deduction of income tax
Tax and Duty Manual Part 42-04-66 - Payment made without deduction of income tax- has been updated as follows:
- To reflect the change in tax bands introduced by Finance (No. 2) Act 2023 and update the examples where relevant.
- To clarify that re-grossing will apply by reference to the applicable income tax rate only, i.e., Universal Social Charge (USC) and PRSI will not be included for the purposes of calculating the re-grossed amount.