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

Finance ACT 2007

TheFinance Bill 2007 received Royal Assent on 19 July and is now The Finance Act 2007.

The Finance Act 2007 is available at http://www.opsi.gov.uk/acts/acts2007/ukpga_20070011_en.Pdf.

Finance Act 2007 introduces new legislation which will enable HMRC to enquire into cases of suspected noncompliance by promoters of tax avoidance schemes. Further information is available at http://www.hmrc.gov.uk/avoidance/index.htm.

A joint HMT/HMRC consultation document on three new capital allowances measures announced at Budget 2007 is available on the HMRC website.