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

“Settlement Opportunity” for Participants in Tax Schemes

HMRC has now published the terms of a ‘settlement opportunity’ open to participants in certain tax avoidance schemes which, in HMRC's opinion, seek to exploit certain reliefs and allowances for Corporate entities.

As part of the phased roll out of this, we are advised that HMRC has written to companies they believe have taken part in such schemes. If a company has received a letter details are available on the HMRC website setting out broad terms.