The Relief
The Enhanced Reporting Requirements coming to Ireland in 2024 will bring a significant change to how employers report travel and subsistence payments. Both vouched expenses, supported by receipts, and unvouched expenses, which do not require receipts, will come under the ERR's purview.
The new rules aim to ensure these payments are reported with specificity on the amount and date for each transaction. This detail-oriented approach will likely require many businesses to update their record-keeping practices, ensuring that all travel-related expenses are captured accurately and reported promptly.
If you have any queries about the new ERR and how it will affect you and your business, why not contact our Payroll team today. They would be happy to chat to you about how RDA can help with all your payroll needs.
or email Valerie vwaters@rda.ie / Yvonne ybullencranny@rda.ie.