Employers no longer have to issue statutory forms to employees directly (P45, P60), instead, Revenue makes these available to employees through the MyAccount service.

    Part of the MyAccount system allows taxpayers to see up-to-date information on their pay, income tax, universal social charge (USC), PRSI, local property tax (if it is being paid through salary) and their pension.
    The introduction of this new system will hopefully mean fewer chances of people overpaying their tax which is why Revenue is urging all employees to register for MyAccount.

    We have put together a simple guide on MyAccount and how to register.

    Download your free guide >

    Paycheck Plus, Your Payroll Outsourcing Partner

    Managing payroll can be a complex and time-consuming operation for businesses. Employee queries, legislation updates, staff changes, compliance, etc. can all take its toll on a business’ internal payroll resources. For over a decade now we’ve been providing comprehensive payroll services tailored specifically to each of our client’s needs. Our payroll specialists handle all aspects of payroll management for our clients including answering our client’s employee queries through our Employee Assist Helpline.

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    Topics: Blog, Payroll Tips & Insights, Revenue

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