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

Duty Free Allowances to be Increased

The European Commission has adopted a proposal to increase the amounts which travellers can bring in to the EU without payment of duty.

  • The current threshold of €175 is to be increased to €500 for air travellers and to €220 for other travellers.
  • The limits based on quantity for perfume, coffee and tea are to be abolished, but a new quantity limit for beer is to be introduced.
  • Quantity limits for cigarettes may be reduced at the discretion of Member States

The existing limit of €175 has been in place since 1994.