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  3. Irish Revenue Extends E-Repayment Facility

Irish Revenue Extends E-Repayment Facility

by Jason Gorringe, Tax-News.com, London

27 November 2012


The Irish Revenue has increased the number of taxes and duties that can be repaid electronically to a taxpayer's nominated bank account.

The initiative forms part of the Revenue's strategy to establish the use of electronic channels as the normal way of conducting business.

Effective from November 26, electronic repayments for the following will be available:

  • Income tax;
  • Relevant contracts tax;
  • Employers' pay-as-you-earn (PAYE)/pay-related-social-insurance;
  • Capital Gains Tax;
  • Customs & Excise;
  • Vehicle Registration Tax and
  • Excise Licences

E-repayment facilities are already available for a wide range of taxes and duties, including value-added tax, Corporation Tax, Stamp Duty, and PAYE.

The Revenue advises that insofar as repayment processing is concerned, priority will now be given to eRepayment as the preferred method for all repayment claims.

TAGS: capital gains tax (CGT) | compliance | tax | business | tax compliance | Ireland | insurance | corporation tax | excise duty | social security | individual income tax

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