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

Payroll Giving: Consultation of Draft Regulations on Donation Hand Over Time

HMRC is consulting on draft regulations to reduce Payroll Giving donation hand over time. In most cases, these new regulations would require Payroll Giving Agents to hand over donations to charities within a maximum of 35 instead of 60 days, subject to certain conditions being met.

Draft regulations to do so have been published. This measure will have effect for money received by agents on and after 6 April 2014. The existing 60 day time limit will apply to money held in circumstances which do not meet the new conditions.