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

Foot and Mouth Outbreak

HMRC recognise that some individuals and businesses will find it difficult to meet their tax obligations due to the foot and mouth outbreak in the UK.

According to a

HMRC press release, HMRC will:

  • defer collection of taxes and duties or agree instalment arrangements where taxpayers are unable to pay as a result of severe difficulty;
  • suspend debt collection proceedings;
  • defer compliance checks and investigations;
  • provide help and advice in dealing with other practical tax matters arising from the outbreak;
  • where appropriate consider using the powers available to give up interest and surcharges on tax paid which is paid late due to the outbreak.

Further information on the tax relief measures is available at http://www.gnn.gov.uk/content/detail.asp?ReleaseID=305957&NewsAreaID=2&NavigatedFrom Search=True.