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 Contractors Project

CCAB-I received further correspondence last month from Revenue on the conduct of the Contractors Project. The letter notes delays in concluding cases, this may be partly explained by the fact that Revenue departed from the normal procedures in the Audit Code of Practice in the conduct of this project. The letter also promises “responses as a matter of urgency” by Revenue to outstanding correspondence, while threatening assessments based on the disallowance of all expenses claimed where the taxpayer has not replied to an initial Revenue request for information. CCAB-I has already engaged with Revenue to emphasise that any outstanding items must be dealt with on a case-by-case basis. A copy of the letter is available on the Chartered Accountants Ireland website.