On 27 October 2026, Irish Revenue issued eBrief No. 160/26 providing updated guidance on PAYE Settlement Agreements (PSAs). PSAs allow employers to settle the tax liability on certain benefits and expenses provided to employees without deducting PAYE at source. The updated guidance reflects recent legislative changes and administrative improvements, including revised filing deadlines, expanded categories of eligible benefits, and enhanced digital submission processes through ROS. Employers and tax advisors should review the new requirements to ensure accurate reporting and avoid penalties.
Key Takeaways
- Expanded Benefit Categories: The update includes additional minor benefits and expenses that can be covered under a PSA, reducing administrative burden for employers.
- Digital Filing Enhancements: Revenue now mandates electronic submission of PSA returns via ROS, with improved validation checks to reduce errors.
- Compliance Deadlines: Key dates for PSA application, approval, and payment have been aligned with the standard PAYE calendar, ensuring consistency across payroll obligations.
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