Tax

Tax deadlines - June 2018

Jun 01, 2018
Helen Byrne, Senior Tax Manager at EY Ireland, outlines the relevant compliance dates for June and July.

Relevant company dates

14 June 2018
Dividend withholding tax return filing and payment date for distributions made in May 2018.

21 June 2018
Due date for payment of preliminary tax for companies with a financial year ended 31 July 2018. If this is paid using ROS, the date is extended to 23 June 2018.

Due date for payment of initial instalments of preliminary tax for companies (not “small” companies) with a financial year ended 31 December 2018. If this is paid using ROS, the date is extended to 23 June 2018.

23 June 2018
Last date for filing corporation tax return Form CT1 for companies with a financial year ended 30 September 2017 if filed using ROS.

Due date for any balancing payment in respect of the same accounting period.

Loans advanced to participators in a close company in the year ended 30 September 2017 may need to be repaid by 23 June 2018 to avoid the assessment on the company of income tax thereon.

A concessional three-month filing extension for iXBRL financial statements (not Form CT1) may apply. For 30 June 2017 year ends, this should extend the iXBRL deadline to 23 June 2018.

30 June 2018
Last date for filing third-party payments return Form 46G for companies with a financial year ended 30 September 2017.

Latest date for payment of dividends for the period ended 31 December 2016 to avoid Sections 440 and 441 TCA97 surcharges on investment, rental or professional services income arising in that period (close companies only).

Country by Country Reporting Notifications relating to the fiscal year ended 30 June 2018 must be made to Revenue no later than 30 June  2018, via ROS (where necessary).

14 July 2018
Dividend withholding tax return filing and payment date for distributions made in June 2018.

21 July 2018
Due date for payment of preliminary tax for companies with a financial year ended 31 August 2018. If this is paid using ROS, the date is extended to 23 July 2018.

Due date for payment of initial instalments of preliminary tax for companies (not “small” companies) with a financial year ended 31 January 2019. If this is paid using ROS, the date is extended to 23 July 2018.

23 July 2018
Last date for filing corporation tax return Form CT1 for companies with a financial year ended 31 October 2017 if filed using ROS.

Due date for any balancing payment in respect of the same accounting period.

Loans advanced to participators in a close company in the year ended 31 October 2017 may need to be repaid by 23 July 2018 to avoid the assessment on the company of income tax thereon.

A concessional three-month filing extension for iXBRL financial statements (not Form CT1) may apply. For 31 July 2017 year ends, this should extend the iXBRL deadline to 23 July 2018.

31 July 2018
Last date for filing third-party payments return Form 46G for companies with a financial year ended 31 October 2017.

Latest date for payment of dividends for the period ended 31 January 2017 to avoid Sections 440 and 441 TCA97 surcharges on investment, rental or professional services income arising in that period (close companies only).

Country by Country Reporting Notifications relating to the fiscal year ended 31 July 2018 must be made to Revenue no later than 31 July 2018, via ROS (where necessary).

General

30 June 2018
Deadline for FATCA and CRS reporting obligations for 2017.

6 July 2018
Under mandatory reporting rules, promoters of certain transactions may be required to submit quarterly ‘client lists’ in respect of disclosed transactions made available in the relevant quarter. Any quarterly returns for the period to
30 June are due on 6 July.

30 July 2018

Due date for submission and return of payment of IREF withholding tax in connection with accounting periods ending between 1 July and
31 December 2017.