Enhanced Reporting Requirements
With effect from 1 January 2024, employers are required to report the expenses and benefits outlined below on a real time basis (i.e. on or before the date the benefit/expense is provided/paid to the employee).
Revenue has updated its manual on Returns by Employers in Relation to Reportable Benefits with further guidance to include examples.
Section 5 of the manual outlines the Enhanced Reporting Requirements in respect of:
- Small Benefit Exemption – the value of the benefit provided, and the date the benefit was provided to the employee.
- Remote Working Daily Allowance – the total number of days worked remotely, the amount paid and the date the payment was made.
- Travel and Subsistence – the amount paid under the appropriate subcategories (i.e. travel vouched, travel unvouched, subsistence vouched, subsistence unvouched, site based employees, eating on site allowance and emergency travel) and the date the payment was made. As reporting is based on when the expenses are paid to employees, a reporting requirement will arise in respect of expenses paid in 2024, even where the expense was incurred by the employee in 2023.
Section 6 of the manual outlines the reporting mechanisms which include:
- Direct reporting from software packages,
- ROS File upload (only JSON and XML File formats are accepted), or
- ROS Online form.
Section 7 of the manual contains various examples. It should be noted from the examples that where an employer provides numerous benefits in a year, only the first two qualify under the small benefit exemption.
A recorded webinar is available on the Revenue website which gives an overview of Enhanced Reporting Requirements (ERR).
Revenue issued an eBrief on 17 November to remind employers that Revenue is holding further online events through Eventbrite to give employers an overview of the ERR – Enhanced Reporting Requirements in respect of the reportable benefits/expenses provided to employees.
