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

HMRC Powers

HMRC have issued a press release on the next stage of consultation on their powers.

A consultation document setting out how penalties for incorrect tax returns and accompanying safeguards could be updated was published on Tuesday 19 December.

According to the press release, the consultation is the next stage of HMRC's work to modernise its powers, deterrents and safeguards.

A copy of the press release is available at http://www.gnn.gov.uk/content/detail.asp?ReleaseID=251720&NewsAreaID=2&NavigatedFromSearch=True.