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

OECD report says tax revenues At an all-time high as the tax mix shifts further towards labour and consumption taxes

The 2016 edition of the OECD’s annual Revenue Statistics publication shows that the OECD average tax-to-GDP ratio rose slightly in 2015 to 34.3%, compared to 34.2% in 2014. This is the highest level since the Revenue Statistics series began in 1965. An increase in tax-to-GDP levels was seen in 25 of the 32 OECD countries that provided preliminary data in 2015, while tax-to-GDP levels fell in the remaining seven countries.

In 2015, Ireland had a tax-to-GDP ratio of 23.6% compared with the OECD average of 34.3%. The United Kingdom ranked 21st out of 35 OECD countries in terms of the tax-to-GDP ratio in 2015. In 2015, the United Kingdom had a tax-to-GDP ratio of 32.5% compared with the OECD average of 34.3%.