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

Revenue & Customs Briefs 44/10 and 47/10

HMRC has published the above briefs. Brief 44/10 deals with the VAT treatment of business entertainment provided to overseas customers in the light of the European Courts of Justice judgment in the joined case of Danfoss and AstraZeneca.

Brief 47/10 exposes draft legislation amending the Partial Exemption and Capital Goods Scheme regulations (on which comments are invited) as well as providing an explanation of the changes.

The Briefs can be found at http://www.hmrc.gov.uk/briefs/vat/brief4410.htm and http://www.hmrc.gov.uk/briefs/vat/brief47010.htm