From the 1st of January 2024, employers will be required to report details to Revenue of certain non-taxable payments made to employees on or before the pay date. Revenue is calling this Enhanced Reporting Requirements (ERR). The Finance Act 2022 introduced Section 897C which will require employers to report details of certain expenses and benefits made to employees and directors.
Where employers make a tax-free payment under one of the three categories listed below, they must submit the details electronically to Revenue. These categories represent phase one of the new requirement.
- Travel and Subsistence
- Small Benefit Exemption
- Remote Daily Working Allowance
Please see Revenue's guidance on Enhanced Reporting Requirements here and Revenue's guidance on the three categories for 2024 under Revenue's Phase 1 of Enhanced Reporting Requirements:
Revenue have a Frequently Asked Questions under Enhanced Reporting Requirements that may assist you - Revenue's ERR FAQs