The Revenue Commissioners have issued eBrief No. 19/13 to remind employers of their obligations to deduct the tax from payroll.

The eBrief states: by way of administering the taxation of these benefits, Individuals who pay their tax through the PAYE system will, where possible, have their annual tax credits and cut-off point reduced by the amount of these payments.

Employers/pension providers will be advised of the adjusted tax credits and cut-off points on employer tax credit certificates (P2Cs).