TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Removal of Extended Time Limit Restriction for EU Cases

HMRC has published draft legislation making amendments to section 107 Finance Act 2007, the legislation providing for an extended time limit restriction for EU cases. This measure removes the direct tax restriction on extended time limits for actions for relief from the consequences of a mistake of law if the tax was charged contrary to European Union law. The proposed amendment will exclude actions relating to the charging of tax contrary to EU law from the effect of the current legislation.