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

Reverse Charge

In Section 1.30 of the May EDITION of tax.point, it was advised that the EU Council had authorised the UK to introduce a reverse-charge mechanism for mobile phones and computer chips to counteract MTIC fraud. HMRC have issued an updated information sheet on the changes.

The Information Sheet which updates and replaces Information Sheet 06/07 is available at http://customs.hmrc.gov.uk/channelsPortalWebApp/channelsPortalWebApp.portal?_nfpb=true&_pageLabel=pageLibrary_PublicNoticesAndInfoSheets&propertyType=document&columns=1&id=HMCE_PROD1_027512.