TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Withdrawal of credit card payment option for MED and LCD taxpayers

Revenue is withdrawing the option for taxpayers in Medium Enterprises Division (MED) and Large Cases Divisions (LCD) to make payments of tax liabilities with credit cards. This will take effect in April. Revenue will contact taxpayers who have availed of this option to pay in the past to notify them that credit card payment cannot be used going forward. The option to use a credit card to make a tax payment will continue for taxpayers in Revenue’s Business Division and Personal Division.

Revenue absorbs the cost of processing credit card tax payments but processing costs for large tax payments are becoming prohibitive according to Revenue, and so the option is to be withdrawn for large taxpayers managed in MED and LCD.