With the rise of remote work, the Irish government's new ERR framework specifically addresses the need to report remote working allowances. Starting in 2024, employers must meticulously report the amount of any remote working allowances, the number of days covered, and the payment dates.
This new regulation echoes the changing work culture and acknowledges the necessity of support for remote employees. But it also presents a challenge for employers who must now adjust their payroll systems to accommodate this additional reporting requirement.
The ERR underscores the importance of accuracy in these allowances. As remote work continues to blur the lines of traditional office settings, maintaining clear records of these payments becomes paramount for compliance and employee satisfaction.
If you are worried about the new regulations, why not consider outsourcing your payroll. At RDA Accountants, we understand the importance of customised solutions.
Reach out to us today with any queries, by calling our office on 053 9170507 or email Valerie vwaters@rda.ie / Yvonne ybullencranny@rda.ie. Our expert team are always on hand to answer any questions you may have.