Information on payroll submission

What benefit information do you provide?

If an employer provides benefits to an employee, certain details must be reported to Revenue.

Company share-based remuneration

This involves payment through shares in the employer company or a company that controls the employer company. This information is included in pay for Income Tax.

Medical insurance premium eligible for tax relief

If you pay medical insurance as a Benefit in kind (BIK), this field must be completed. The total amount of medical insurance paid by you should be included on the payroll submission.

Taxable benefits

These are non-cash benefits, for example, private use of a company car, preferential loans or subsidised accommodation. This amount excludes company share-based remuneration, but includes shares in other companies that are not a company that controls your company. This information is included in ‘Taxable pay (this employment)’.

Amounts contributed by employer to retirement schemes

This includes amounts contributed by an employer to retirement schemes including:

• Personal Retirement Savings Accounts (PRSAs)
• Retirement Annuity Contracts (RACs)
• and
• Additional Voluntary Contributions (AVCs).

Taxable lump sum

This is the amount of taxable lump sum payment included in pay for Income Tax.

Next: Employment Identifier