ICAI welcomes Revenue decision

THE announcement by the Revenue Commissioners that they are prepared to allow cross-border workers earn money in the Republic without double deduction of PAYE was welcomed by the Institute of Chartered Accountants in Ireland (ICAI).

The new approach by the Irish Revenue comes after months of discussion with ICAI.

Since new tax rules came into force last year, all employees working in the Republic became subject to Irish PAYE, even if they were already paying PAYE in their home country.