PAYE Modernisation – NEW employee view of payroll data

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As mentioned previously on the OSK blogs, the modernised system of real-time PAYE reporting came into operation on 1 January 2019.

A further development under PAYE Modernisation takes place from today, Wednesday 15th May. A new online service will allow employees, who are subject to PAYE, to view their payroll information as submitted to Revenue by their employers. This service will be available through the MyAccount facility on the Revenue website.

Prior to PAYE modernisation, Revenue only received a breakdown of pay and tax information from employers in relation to their employees after the end of the tax year via the P35 return. The change to a real-time reporting environment enables Revenue to improve their overall service to PAYE taxpayers.

This is the first of several new services under PAYE modernisation which will focus on realising benefits for employees and enhancing the MyAccount service. We will update our blogs with further developments as they arise.

If you would like to discuss this topic further, please contact OSK Advisors on 01-439 4200 or email advice@osk.ie

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