Employers have a responsibility to deduct tax at source in the form of PAYE, PRSI and USC on behalf of their employees. We offer both tax compliance and consultancy advisory in this area to our corporate clients, their directors, and executives in addition to employees seconded abroad and/or foreign individuals coming to work in Ireland. Due to increased global mobility and trade we have developed trusted relationships with foreign tax advisers in multiple jurisdictions which assist us in ensuring our clients are structured correctly to remain tax compliant when operating internationally.
There are a number of valuable reliefs available to employers and their employees where employments are exercised on a global international basis, for example:
· PAYE exclusion orders can be obtained where employees are seconded abroad and carry out the duties of their employment abroad
· The Foreign Earnings Deduction for employees qualifying days in certain jurisdictions
· Special Assignee Relief Program for foreign employees being assigned to work in Ireland
Irish Revenue place emphasis on the correct and timely operation of Employer Taxes which is why we believe our clients need to focus on this area and regularly carry out PAYE reviews.