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

VAT - Less Frequent Filing

At a recent TALC meeting, Revenue confirmed that the onus is on the Revenue to change the taxpayer back to bimonthly filing where the VAT liability goes above the thresholds for less frequent filing. In general, taxpayers have the option to revert to bimonthly filing provided they have completed at least one phase of filing and payment under the new arrangement.

eBrief No. 27/07 (see Section 2.06 of the July 2007 issue of tax. point) and e Brief No. 55/07 (see Section 2.09 of the December 2007 issue of tax. point) give further details on the new arrangements.