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

Second Finance Bill of 2015 now enacted

The Finance (No. 2) Act 2015 received Royal Assent last month; many of the provisions therein were announced in the 2015 Summer Budget. And the next Budget will be held on Wednesday 16 March 2016.

One clause to watch, which was not part of the Summer Budget announcements, is the 45% corporation tax charge on compound interest, highlighted in a recent edition of Chartered Accountants Tax News. The annual investment allowance limit also fell from £500,000 to £200,000 from 1 January 2016.