Revenue has released enhanced reporting requirements for employers, set to take effect on January 1, 2024. Employers will now be required to electronically notify Revenue in real-time regarding various tax-free payments and benefits provided to an employee/director.

What Needs to be Reported:

• Daily Allowance for Remote Work: Employers should report payments up to €3.20 per day provided to employees working remotely.
• Travel and Subsistence Expenses: Any reimbursed travel and subsistence expenses, whether vouched or unvouched (like civil service mileage rates), as well as country-specific allowances and emergency travel costs.
• Small Benefits Exemption: Benefits or vouchers given to employees, limited to two small benefits each year, with a total value not exceeding €1,000.

Information Required for Reporting:

• Employee details
• Amount paid
• For remote work, the number of days considered

Key Points to Remember:

• Reporting should be done in real-time, specifically before the pay date.
• This additional reporting isn’t part of the regular payroll submissions currently filed.

Note: There’s no need to report the use of company fuel cards or credit cards. Report only non-taxable payments exceeding the set thresholds.

Employees will have access to review the information submitted for them by their employer via their myAccount.

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