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Why you should attend

This one-day training course discusses the rules around the taxation of benefits in kind and highlights the opportunities which they present to employers.

This one-day training course discusses the rules around the taxation of benefits in kind and highlights the opportunities which they present to employers.

It includes worked examples ensuring that you will obtain a thorough understanding of the subject. Revenue currently undertakes BIK audits. This course may make a great difference to the outcome of a Revenue audit and avoid PAYE, PRSI and USC underpayments, penalties and possible publication as a tax defaulter.

What you will learn

This one-day training course discusses the rules around taxation of benefits in kind and highlights the opportunities which they present to employers.

 

To understand the complexity of the taxation of benefits in kind for Irish payroll

Course content

  • BIK valuation rules
  • What is notional pay?
  • Use of company assets
  • Mobile phones and payment of home phone bills (including internet)
  • Medical insurance
  • Rules for Share Based Remuneration (including the new KEEP scheme)
  • Deadline for collection of PAYE, PRSI and USC from employees and hidden costs
  • Administration, records to be maintained, annual Revenue reports - employer's obligations and Forms P11D

Prior learning required

This course is not designed for those new to Irish payroll. You need to have a working/operational knowledge in either Irish payroll or HR capacity, ideally (though not essentially) at supervisor level or above.

You may have already studied the following courses too:

  • Irish practical payroll
  • Irish payroll regulations - intermediate

Continuing your learning

Irish payroll update