Change to employer reporting requirements set from January 1

New rules extend reporting requirement to tax-free benefits such as remote working allowance, travel and subsistence expenses and small benefit exemption

Employers would be well-minded to check over their existing administration of these payments to make sure they are fully compliant.

There are major changes coming on stream for 2024 in respect of employers reporting requirements to Revenue. 

The changes affect payments to employees for remote working daily allowance of €3.20, the payment of travel and subsistence expenses, and the small benefit exemption, which covers up to €1,000 a year, which can be split into a maximum of two benefits if so desired.