All professional accountants, at least in times past, crossed the threshold from trainee to fully qualified status with a granite-like conviction that the award given by their accounting firm as a token of esteem for having passed the final exams was not taxable. This week, significant doubt has been cast over that view by a Tax Appeals Commission decision. The Appellant employer, a large accounting firm, had an arrangement in place, common in the sector, that its employees passing the final exams of the Institute of Chartered Accountants or the Irish Taxation Institute at their first attempt received a Final…

Join The Currency

INTRODUCTORY OFFER.

Sign up today: Full annual membership for just €200.

Don’t miss out on what is going on with our daily unique stories from our team of skilled journalists and insightful commentators.

Members of The Currency get full access to over 3,200 exclusive interviews, investigations, and analysis, plus over 220 podcasts.

Annual membership is just €200 for the first year, a saving of €100.

Or try The Currency for the first month for a special introductory rate of €5, a saving of €20.

Cancel at any time.

To become a member today click here.