CT1 - Return of Directors Emoluments etc

[Dec05]

Hi
I'm currently filling in the CT1 and am unsure what to do about Directors pensions.
Should they be included in the 'Return of Directors Emoluments etc'.?

Also, is a Director who does not hold any shares a Participator ?

Thanks

 

[WizardDr]

Are you paying the Directors a pension out of the company or are you paying a contribution to a Scheme for the directors?

From Revenue:
Most Irish resident companies are what are called 'close' companies.
A Close Company is a company that is controlled by five or fewer participators or is controlled by any number of participators who are directors.
The definition of a Close Company includes a company where, on distribution of its full income, more than 50% goes to five or fewer participators or participators who are directors. A participator is a person having an interest in the income or capital of the company.

 

[dublin66]

Only taxable emoluments should go on the form. This information is used as a cross check against directors' tax returns filed.

 

[Domartin]

If the company has made a contribtion to a Director's pension plan should the Amount be entered under Staff Costs? Thanks

 

[kennyb3]

If the company has made a contribtion to a Director's pension plan should the Amount be entered under Staff Costs? Thanks

I've always assumed it goes under directors remuneration but I note it doesn't specifically include it. Seems strange to include it under staff costs esp. given the CA 2014.