Whether employees are working from home or away, find out how to deal with reimbursed expense payments and benefits paid by attending a HMRC webinar in the coming weeks. Phones, internet and homeworking  For information about homeworking expenses, register for HMRC’s webinar, which provides an overview of the tax and national insurance treatment when an employer: provides a mobile phone or reimburses for business use of a personal mobile phone, provides broadband in an employee’s home, or pays towards it, and provides homeworking expenses to its employees. Travel Register for HMRC’s webinar to find out about the tax treatment of:  travel and subsistence payments to employees, mileage payments for employees using their own vehicle, benchmark and bespoke scale rates, and keeping records and sending reports to HMRC. For information about 'PAYE Settlement Agreements (PSAs)' choose from HMRC’s playlist of short videos available on HMRC’s YouTube channel. 

As we reminded readers last week, the deadline for employers to provide employees with their P60 for 2024/25, either on paper or electronically, is Saturday 31 May 2025. The P60 summarises the employee’s total pay and deductions for the year. By that date, employers must give a P60 to all employees on payroll who were working for them on the last day of the tax year (5 April 2025). If an employer is exempt from filing payroll online, copies of P60s can be ordered from HMRC.    

The OECD has published updated transfer pricing country profiles which reflect the current transfer pricing law and practice of 11 jurisdictions including, for the first time, profiles of Azerbaijan and Pakistan. The publication includes new sections addressing hard-to-value intangibles and the simplified approach for baseline marketing and distribution activities.

On 24 June, the European Commission will host a half-day hybrid event to mark the publication of the 2025 Annual Report on Taxation. This year’s theme, “Fair and effective taxation: Strengthening compliance and progressivity”, will consider how tax policy can promote fairness, strengthen compliance, and support sustainable public finances.

Revenue has updated its  guidance to Charities and sports bodies on making an online application for a tax exemption. The guidance now reflects changes to the Charitable Donations Scheme whereby, with effect from 1 January 2025, the two-year waiting period for eligibility for the scheme no longer applies.  

The European Commission has launched a call for proposals for EU action grants in the field of taxation. The two grants involved aim to ensure the involvement of research institutions in the design and implementation of EU actions to fight the tax gap, in addition to contributing to the design of efficient tax systems.

Chapters 1, 24 and 31 of Revenue’s Pensions Manual have been updated to provide guidance on changes introduced in Finance Act 2024. The updated guidance now includes a reference to the new Automatic Enrolment Retirement Savings System. It also includes details of the new “employer limit” on employer contributions made on or after 1 January 2025 to an employee’s PRSA/PEPP, with some worked examples. Further information is available in eBrief No.106/25.

Revenue has updated the Pensions Manual - Chapter 07 which provides guidance on lump sum benefit and commutation. The updated manual aims to provide greater clarity and details of the relevant topics, including commutation factors and additional detail on maximum lump sums. The guidance also confirms that a deferred scheme member who suffers serious ill-health is subject to the deferred scheme rules as published in the Pension Manual Chapter 12.

Members of the European Parliament’s Tax Matters subcommittee will travel to Abu Dhabi and Dubai, from 26 to 28 May 2025, to discuss developments in the area of international taxation and the fight against tax avoidance and evasion. Discussions will focus on the implementation of the OECD/G20 international tax reform and the United Arab Emirates' efforts to combat tax evasion and avoidance and enhance transparency for taxation purposes.

Revenue has updated its Guidelines for Registration for IT, CT, RCT, PREM and Certain Other Taxheads to include details regarding the Central Register of Beneficial Ownership of Trusts  and a link to the Tax and Duty manual regarding the new e-linking process.

The Platform for Collaboration on Tax (PCT) has released the final version of the Tax Incentives Principles. These aspirational principles are intended to support governments in developing the rationale for tax incentives and in strengthening their design, implementation, and evaluation.

Revenue has updated the Agents Guide to the Collector General’s Division to include two new sections dealing with dividend withholding tax and value added tax. The updated guide also includes details of the pay and file extension date for 2025 and relevant contact details for stamp duty. Furthermore, the guide confirms that the High Wealth & Financial Services Division with Revenue now deals with queries from medical insurers relating to TRS for medical insurance.