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

Start-Up Companies: Preliminary Tax Announcement

The Revenue issued eBrief No. 51/2006 on 8 December advising that start-up companies which did not pay preliminary tax that fell due before Budget Day may base their preliminary tax payments on the Budget announcement.

ICAI had lobbied extensively on behalf of members on this issue and welcomed the announcement. It relates to start-up companies with a total tax liability for their first accounting period which does not exceed €50,000. The full eBrief is reproduced at Section 2.03.