Ignoring the new Enhanced Reporting Requirements is not an option for Irish businesses. Non-compliance can lead to a slew of penalties, ranging from financial fines to other statutory sanctions. These penalties are not just punitive but also serve as a deterrent, emphasising the importance of adhering to the new ERR rules.
Businesses must understand the gravity of these penalties and take the necessary steps to ensure compliance. This may involve investing in new systems or seeking expert guidance to navigate the complexities of the ERR.
Facing these new requirements can be daunting for any business owner, however support is available. Don't get caught out, contact us today on 053 9170507 or email Valerie firstname.lastname@example.org / Yvonne email@example.com to see how RDA can help you and your business with your Payroll.