I wish to discuss the significant burden that Revenue's enhanced reporting requirements for employee benefits are placing on small- and medium-sized enterprises across Ireland. While the aim may be transparency, the reality is that SMEs must now report even the smallest non-cash benefits, sometimes just €10 in value, to Revenue on or before the day that they are provided. As the Tánaiste knows, SMEs comprise more than 270,000 businesses in Ireland and are already facing many challenges. These new requirements add a…