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 Notice 706 - Partial Exemption

The above notice has been revised to incorporate several changes to the partial exemption rules.

The main changes are:

  • changes to simplify the standard method;
  • changes to simplify the de minimis rules;
  • the combined business/non-business and partial exemption (PE) method;
  • changes to the Capital Goods Scheme (CGS) and clawback/payback rules.