Directors: surcharge on late returns

Sep 02, 2019

Guidance from Revenue has been updated recently to confirm how you calculate a surcharge on late returns for both proprietary and non-proprietary directors and in joint assessment cases. The treatment of tax paid under the PAYE system for the purposes of calculating the surcharge is also covered.  This guidance might be useful to you over the coming weeks as the busy period of the income tax filing season kicks off.