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DEPARTMENT OF SOCIAL, COMMUNITY AND FAMILY AFFAIRS

  • All payments to customers issued up to 31 December 2001 will be in Irish pounds. If you are cashing such payments on or after 1 January 2002, you will receive the exact conversion of the payment in euro and cent
  • From 1 January 2002 onwards, social welfare payments will automatically be in euro. For payments due from that date, amounts will be adjusted upwards to 10 cent amounts, to the customer's advantage.

Information
The Department of Social, Community and Family Affairs will run a public awareness campaign to inform customers about its plans for the changeover to the euro. Also, leaflets and application forms will be revised during 2001 to reflect the changeover to the euro.

Department of Social, Community and Family Affairs
Tel: 01 874 8444
Fax: 01 704 3868
Website: www.welfare.ie

THE REVENUE COMMISSIONERS

EMPLOYEES PAYE/PRSI
Short Tax 'Year' Ending December 2001:

  • All Notices of Tax Credits and Standard Rate Cut Off Point for the short tax 'year' were issued in Irish pounds, with the weekly/monthly/annual amounts expressed in both euro and Irish pounds
  • Employees must make their annual Income Tax Returns in Irish pounds and any end of year reviews will be conducted in Irish pounds
  • Where employees receive euro denominated P60s and P45s from their employers, Revenue will accept these and make the necessary conversions
  • All repayments issued from 1 January 2002 will be denominated in euro.

Tax Year Commencing 1 January 2002:

  • Notices of Tax Credits and Standard Rate Cut Off Point, P60s and P45s issued for the 2002 tax year will be denominated in euro only
  • Employees must make their annual Income Tax Returns in euro and any end of year reviews will be conducted in euro.

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