On 25 September 2026, Revenue released eBrief No. 139/26 regarding repayment claims received from member-owned clubs. The guidance outlines the tax treatment of membership income, sponsorship, and investment income for clubs (e.g., golf, sports, social). It details the conditions for claiming repayment of DIRT, VAT, and corporation tax overpayments.
Key Takeaways
- Mutual Trading Principle: Income from members is generally not taxable; income from non-members (e.g., green fees, sponsorship) is taxable.
- Repayment Process: Clubs must submit claims via ROS with supporting documentation within four years of the end of the accounting period.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement