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 – Further Updates

  • The Business Income Manual has been updated to reflect the change of law following the House of Lords judgement on ‘Mars and Grant’. The Mars and Grant decision related to the add back of depreciation where part of the depreciation was included in stock rather than being written off to the profit and loss account.
  • HMRC are aware of a number of scams aimed at persuading customers to complete a form revealing their bank or credit card details, on the pretext that a payment of tax will be paid directly into their account
  • HMRC have published the new Money Laundering Regulations 2007. Further information is available at http://www.hmrc.gov.uk/mlr/new-mlr-2007.htm
  • Companies and agents can now update their details online using a new service with the HMRC CT Online system.