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Chartered Accountants Ireland is the premier source of news on all accounting, auditing, corporate governance and taxation issues. Stories are updated on this site daily and are available to you via our RSS feeds.
Wednesday, June 19, 2013
IAASA has published its first Profile of the Profession, which provides statistical data on the nine Prescribed Accountancy Bodies (‘PABs’) in Ireland for the year 2012. This Profile was compiled with the assistance of the PABs. It provides readers with an insight into the s.....
Wednesday, June 19, 2013
The FRC today introduces a measure that creates a clearer division of responsibility between internal and external audit teams to safeguard against conflicts of interest. By prohibiting auditors from using internal audit staff as “direct assistance” members of the audit team, the FRC is.....
Monday, June 17, 2013
The EU Commission has proposed extending the automatic exchange of information between EU tax administrations to include information on dividends, capital gains, all other forms of financial income and account balances. This paves the way for the EU to have the most comprehensive system of automati.....
Monday, June 17, 2013
Revenue have published an administrative consolidation of the Finance (Local Property Tax) Act 2012 and the Finance (Local Property Tax) (Amendment) Act 2013. Members may find the integrated legislation and the LPT Parliamentary Questions, which are published on the Revenue website, of benefi.....
Monday, June 17, 2013
Chartered Accountants Ireland as a member of the TALC iXBRL subgroup met with Revenue recently to discuss developments with the iXBRL project and specifically Revenue’s response to five proposals from the Institute to incentivise iXBRL filers. The five proposals and Revenue’s res.....
Monday, June 17, 2013
Revenue has confirmed to Chartered Accountants Ireland at a recent TALC Audit meeting that letters in respect of the Services Contractors Nationwide Project are expected to issue to taxpayers by the end of June. As set out previously in Chartered Tax News, this project is an extension of the .....
Monday, June 17, 2013
HMRC has now published new form CH995, which will allow a person claiming child benefit to authorise an agent to act on their behalf. It should be noted that only the person who claimed Child Benefit can fill in this form. By way of reminder, the High Income Child Benefit Charge is payable by the p.....
Monday, June 17, 2013
HMRC have updated the leaflet that sets out how subcontractors that are limited companies should reclaim any deductions they have had taken from their payments under the Construction Industry Scheme.....
Monday, June 17, 2013
HMRC has published advisory fuel rates to operate from 1 June 2013. These rates apply to all journeys on or after 1 June 2013 until further notice. For one month from the date of change, employers may use either the previous or new current rates, as they choose. Employers may therefore make or requ.....
Monday, June 17, 2013
Employers are reminded that as 22 June is a Saturday, HMRC must receive cleared funds by this coming Friday 21 June, if PAYE is paid electronically. Non-electronic payments must be received by the 19th of the month as normal (Wednesday 19th June).....
Monday, June 17, 2013
HMRC has announced important changes to its Double Taxation Treaty Passport Scheme. From April 2013, the Scheme has been revised based on operational lessons learnt since the Scheme’s inception and representations made by those using the service. HMRC operates this scheme for overseas corpora.....
Monday, June 17, 2013
HMRC have announced that new telephone numbers were introduced last week for VAT, National Insurance, Income Tax and the Self-Assessment textphone helplines. It should be noted that the telephone number for the Agent Dedicated Line is now 0300 200 3311. More information is available on the HMRC web.....
Monday, June 17, 2013
HMRC has announced that the temporary relaxation of PAYE reporting arrangements for smaller business has now been extended to April 2014. Smaller businesses are reminded that this relaxation does not mean that they do not need to file in real time at all until the relaxation ends; they are still re.....
Friday, June 14, 2013
Overview: Orlaith Carmody, Media Training (Board Member RTE and HRM) – ‘Communication in a Crisis’ (and in periods of significant organisational change) and Peadar Duffy Founder and Chairman (Risk Management International) ‘BCM: Managing Risk and achieving Resilience’......
Friday, June 14, 2013
Chartered Accountants Ireland Newsdesk is available for free both the Android and iOS platforms and will provide members with news updates and job listings for those both in business or in practice. The app will also feature the popular Accountancy Ireland podcast series. The Newsdesk.....
Friday, June 14, 2013
Excerpts from our latest new book for managers across all industries The Essential Manager: 30 Core Elements of Leadership by Enda Larkin will be published this Sunday in the Sunday Business Post. The Essential Manager: 30 Core Elements of Leadership by Enda Larkin is exactly the right book at exac.....
Friday, June 14, 2013
A taskforce aimed at tackling tax evasion in the Northern Ireland restaurant trade was launched last month by HMRC and comes on the back of similar taskforces aimed at this sector who have already visited other regions in the UK. The taskforce is aiming to recover £2.9 million from this initiative......
Friday, June 14, 2013
Chartered Accountants Ireland as a member of the TALC iXBRL subgroup met with Revenue recently to discuss developments with the iXBRL project and specifically Revenue’s response to five proposals from the Institute to incentivise iXBRL filers. The five proposals and Revenue’s responses are as follo.....
Thursday, June 13, 2013
The FRC has published its consultation paper on Sanctions Guidance. One of the FRC’s key goals has been to enhance auditor performance by instituting a new regime for the independent sanction of poor audit work. This draft paper follows a consultation in December 2012 on the prop.....
Thursday, June 13, 2013
The Charity Commission for Northern lreland has today (12 June 2013) announced its plans to launch a public consultation, in the autumn of 2013, on its interim reporting proposals for all registered charities. Speaking at the Investec charity seminar in Belfast today the Commission’s Chief Ex.....
Thursday, June 13, 2013
On 12 June 2013, the European Parliament in plenary adopted with a large majority (over 650 votes in favour for both) the reports (the versions after trialogue with the Council) on the accounting and the transparency Directives (see links below) (respectively led by MEPs Lehne and Mc Carthy&nb.....
Wednesday, June 12, 2013
Ireland does a good job in providing basic broadband to over 97% of the population (95.5% in the EU) including 94% in rural areas, but has a much bigger challenge with the superfast target according to the EU Commission's annual Digital Agenda Scoreboard published today. Currently 42.1% of Irish ho.....
Wednesday, June 12, 2013
The FRC has issued its annual ‘Key Facts and Trends in the Accountancy Profession’ report which gives key data on the accountancy profession, its member bodies and practising firms. Key messages: Total membership of accountancy bodies continues to grow steadily with .....
Monday, June 10, 2013
HMRC's consultation document on the VAT treatment of refunds made by manufacturers has been published. The deadline for responses is 31 August 2013. The consultation deals with the VAT treatment of refunds paid by manufacturers directly to consumers. UK law currently expressly allows a business in .....
Monday, June 10, 2013
From the Chartered Tax Library, the 2013 editions of key Irish Tax legislation amended up to and including Finance Act 2013 are now available to order. Taxes Consolidation Act 1997 Capital Acquisitions Tax Consolidation Act 2003 & Stamp Duties Consolidation Act 1999 Value-Added Tax Consoli.....
Monday, June 10, 2013
HMRC has published the Tax Residence Indicator to help individuals determine their residence status for tax purposes. This is a pilot version so access is currently limited. By way of reminder, legislation introduced in Finance Bill 2013 includes the rules which determine an individual's tax reside.....
Monday, June 10, 2013
HMRC has published regulations and guidance in relation to the implementation of the Foreign Account Tax Compliance Act (FATCA). By way of reminder, FATCA aims to combat tax evasion by US tax residents using foreign accounts. It includes certain provisions on withholding taxes and requires financia.....
Monday, June 10, 2013
FEE (Fédération des Experts-comptables Européens – Federation of European Accountants) is organising its third FEE Tax Day "Towards responsible taxation?" this year on Wednesday 2 October 2013 in Brussels. This event brings together representatives from businesses, tax administrations, legislators .....
Monday, June 10, 2013
Considering the nice weather of late Revenue’s recently published guide on the cycle to work scheme is opportune. Members not already familiar with the scheme may find the guide of benefit as it includes information on; the benefits of the scheme for employees/directors and employers, how the.....
Monday, June 10, 2013
Updated guidance on the new Controlled Foreign Company (CFC) rules which apply to accounting periods beginning on or after 1 January 2013 has recently been published. It comprises new documents on clearance procedures, the adaptation of the CFC rules for foreign permanent establishment exemption an.....
Monday, June 10, 2013
A taskforce aimed at tackling tax evasion in the Northern Ireland restaurant trade was launched last month by HMRC. The taskforce is aiming to recover £2.9 million from this initiative. Taskforces are specialist teams that carry out intensive bursts of activity in specific high-risk trade sec.....
Monday, June 10, 2013
The Corporation Tax Return (Form CT1) and Form 46G Company for accounting periods ending in 2013 is now available on ROS Offline and Online. Under the new self-assessment system a self-assessment must be submitted along with the return. To comply with this the Form CT1 for 2013 has been.....
Monday, June 10, 2013
Homeowners who have yet to file their Local Property Tax (LPT) return have until 1 July to do so without incurring any interest or penalties according to Revenue. Although the deadline for filing the LPT Return was last month, Revenue now advise that homeowners have until 1 July to file their.....
Friday, June 07, 2013
The 2013 student marketing campaign is now underway and launched in early June with outdoor advertising in Dublin, Cork and Belfast. This year's campaign develops the "welcome to" theme established in 2012 and highlights the flexible route, as well as the overall attractiveness of .....
Friday, June 07, 2013
HMRC advise that if an employer has not yet filed their 2012-13 Employer Annual Return, which was due by 19 May 2013, they will be charged a late filing penalty. Details of potential penalties are available on the HMRC website.....
Friday, June 07, 2013
Now available from theChartered Tax Library, the 2013 editions ofkey Irish Tax legislation amended up to and including Finance Act 2013: Taxes Consolidation Act 1997 Capital Acquisitions Tax Consolidation Act 2003 & Stamp Duties Consolidation Act 1999 Value-Added Tax Consolidation Act 2010 &nbs.....
Friday, June 07, 2013
Chartered Accountants Ireland as a member of CCAB-I has written to Minister Noonan in the wake of recent international and domestic debates on Ireland’s corporate tax regime. In the letter we highlight our concern that Ireland’s international reputation has been prejudiced in light of the com.....
Friday, June 07, 2013
EFRAG, ANC, ASCG, FRC and OIC have released the fourth issue of their Conceptual Framework newsletter. The fourth issue of the newsletter summarises how the input that the IASB received at the April 2013 meeting of the Accounting Standards Advisory Forum (ASAF) is now reflected in the IASB’s tentat.....
Friday, June 07, 2013
In January the FRC consulted on how best to implement Lord Sharman's proposals on going concern. The majority of respondents supported the principles behind the recommendations advocated by Lord Sharman’s report, “Going Concern and Liquidity Risks: Lessons For Companies and Auditors&rdq.....
Wednesday, June 05, 2013
New Financial Reporting Council amendments a positive for auditing standards Wednesday, 5th June 2013. Chartered Accountants Ireland (‘the Institute’) has today commented on the publication by the Financial Reporting Council of new requirements for auditors reporting on companies who apply the UK C.....
Tuesday, June 04, 2013
Now available from the Chartered Tax Library, the 2013 editions of key Irish Tax legislation amended up to and including Finance Act 2013: Taxes Consolidation Act 1997 Capital Acquisitions Tax Consolidation Act 2003 & Stamp Duties Consolidation Act 1999 Value Added Tax Consolidation Act 2010 Th.....
Tuesday, June 04, 2013
The High Level Group on Business Regulation in their 2012 Report made a recommendation that the Department of Jobs, Enterprise and Innovation would "examine the suggestion to allow companies to avail of audit exemption when two of the three criteria are met rather than requiring companies to meet a.....
Tuesday, June 04, 2013
HMRC has recently published 3 updated toolkits: Income Tax Losses, Capital Allowances for Plant & Machinery and Private and Personal Expenditure. The purpose of the toolkits is to assist agents when completing their client's returns.....
Tuesday, June 04, 2013
The above supplement gives details of the changes to VAT announced in the March Budget. More detailed information on each of the changes is available in the 2013 HMRC Overview of Tax Legislation and Rates document.....
Tuesday, June 04, 2013
HMRC have also launched a consultation seeking views on simplifying future National Insurance contributions for self-employed entertainers. The intention is that any proposed change would come into force not earlier than 6 April 2014. The consultation sets out the issues HMRC is seeking to address .....
Tuesday, June 04, 2013
HMRC have provided an update on submissions which some employers have advised are creating new employments and tax codes. Where an employer: has submitted only part of their employee payroll on their Employer Alignment Submission (EAS) and subsequently includes the remainder of their employee.....
Tuesday, June 04, 2013
As announced at Budget 2013, HMRC have published a consultation document concerning two aspects of the tax rules for partnerships: disguised employment and profit and loss allocation schemes. The proposed legislation is intended to prevent tax loss arising from disguising employment relationships t.....
Tuesday, June 04, 2013
HMRC advise that if an employer hasn't yet filed their 2012-13 Employer Annual Return which was due by 19 May, they will be charged a late filing penalty. Details of potential penalties are available on the HMRC website.....
Tuesday, June 04, 2013
The European Commission has referred France to the EU's Court of Justice for what the Commission views as discriminatory tax rules on new residential property. The French rules allow investments in new residential property in France to benefit from accelerated depreciation, but do not allow the sam.....
Tuesday, June 04, 2013
Chartered Accountants Ireland as a member of CCAB-I has written to Minister Noonan in the wake of recent international and domestic debates on Ireland’s corporate tax regime. In the letter we highlight our concern that Ireland’s international reputation has been prejudiced in ligh.....
Tuesday, June 04, 2013
Revenue Chairman Josephine Feehily made a statement before the Joint Committee on Finance, Pubic Expenditure and Reform last Wednesday. In her statement the Revenue Chairman noted that LPT Returns in respect of 1,517,902 properties were filed as at last Wednesday. It is expected that th.....
Tuesday, June 04, 2013
Chartered Accountants Ireland recently met with representatives from the Department of Social Protection to discuss provisions of the above titled Bill affecting the PRSI status of employees where they have either the beneficial ownership of their employing company, or have direct or indirect contr.....
Friday, May 31, 2013
The European Commission has referred France to the EU's Court of Justice for what the Commission views as discriminatory tax rules on new residential property. The French rules allow investments in new residential property in France to benefit from accelerated depreciation, but do not allow the sam.....
Friday, May 31, 2013
The Non Resident Landlord Scheme annual information form (NRLY) has been reviewed by HMRC and updated with the intention of making it easier to complete. HMRC have also changed the guidance notes in line with the form to reflect the recent changes. By way of reminder, anyone who is a letting agent .....
Friday, May 31, 2013
The above titled Bill was published last week and provides for a number of changes to the Social welfare code. Included are provisions affecting the PRSI status of employees where they have either the beneficial ownership of their employing company, or have direct or indirect control of 50% or more.....
Friday, May 31, 2013
Members will be aware that in recent weeks the Institute had identified certain difficulties with the content of so-called non-disclosure letters being requested by certain financial institutions. A number of member firms had been requested to sign such letters, in particular by AIB Bank. &nb.....
Friday, May 31, 2013
Managers are busy people, particularly so in recent times when resources are more limited and real success harder to achieve. In order to be effective, aspiring business leaders now need to return to the basics of management. This new book, written by Enda Larkin, an experienced management consulta.....
Thursday, May 30, 2013
The International Accounting Standards Board (IASB) today published Recoverable Amount Disclosures for Non-Financial Assets (Amendments to IAS 36). These narrow-scope amendments to IAS 36 Impairment of Assets address the disclosure of information about the recoverable amount of impaired asset.....
Thursday, May 30, 2013
Please be aware that PCS Union have proposed Industrial Action on Friday 31 May 2013. The Online Services will be available as usual, but any industrial action is likely to affect the support available. The Information Centres in Cardiff, London, Edinburgh and Belfast will also be affected and Same.....
Thursday, May 30, 2013
High standards in audit quality maintained FRC seeks further improvement in scepticism and independence The Financial Reporting Council has publishes the Audit Quality Inspection Annual Report for 2012/13. The key highlights of this year’s report are: An improvement in t.....
Thursday, May 30, 2013
In an interview with Accountancy Ireland magazine, Lorcan O'Connor, Director of the recently established Insolvency Service of Ireland discusses the training and skills required by individuals intending to act as Personal Insolvency Practitioners. Read more at www.accountancyireland.i.....
Monday, May 27, 2013
Fighting tax evasion and tax fraud was one of the key themes of the European Council meeting on Wednesday last, 22 May. Extending automatic exchange of information at both EU and global level is a priority task in this fight; according to the Council in the summit conclusions. To this end, amendmen.....
Monday, May 27, 2013
Now Available!! Taxes Consolidation Act 1997 from Chartered Tax Library is the annotated print edition of the Taxes Consolidation Acts 1997, amended up to and including Finance Act 2013. This publication is the essential tax legislation resource for tax and legal professionals and students. &.....
Monday, May 27, 2013
Revenue’s guide for individuals who are taxed under the self-assessment system to complete their 2012 Tax Return is now published on their website. For 2012, self-assessment taxpayers are required to complete a Form 11, Form 11E or the shorter versions, Form 11S and Form 11P. The guide .....
Monday, May 27, 2013
The above titled Bill was published last week and provides for a number of changes to the Social welfare code. Included are provisions affecting the PRSI status of employees where they have either the beneficial ownership of their employing company, or have direct or indirect control of 50% or more.....
Monday, May 27, 2013
Revenue has made available on their website weekly and monthly LPT payroll cards for employers recording details of employees’ LPT deductions. This is a separate form for LPT details and Revenue advises that due to restrictions it is not possible to provide space for LPT on the eTDC.....
Monday, May 27, 2013
HMRC advise that a correction has been made to the 'Childcare Vouchers' information within the P9D/P11D chart on page 67 of the above. It is recommended that readers download and use the corrected version which is available on the HMRC website.....
Monday, May 27, 2013
Homeowners are reminded that the deadline for filing the LPT online return is tomorrow Tuesday 28 May. According to Revenue 1.1 million returns were filed with them on Friday last. This means that over 500,000 returns were due to be filed before the deadline tomorrow. The LPT help.....
Monday, May 27, 2013
The eighth Employment-Related Shares & Securities Bulletin providing information and updates on developments relating to employment-related securities, including the tax-advantaged employee share schemes has been published by HMRC. This bulletin contains an article on Self-certification of empl.....
Monday, May 27, 2013
HMRC have issued guidance relevant for employers regarding PAYE payment dates following the introduction of Real Time Information (RTI). HMRC have done so to make sure the PAYE payment position is clear, as RTI is still relatively in its infancy. The due dates for payment remain unchanged. Cheque p.....
Monday, May 27, 2013
The Non Resident Landlord Scheme annual information form (NRLY) has been reviewed by HMRC and updated with the intention of making it easier to complete. HMRC have also changed the guidance notes in line with the form to reflect the recent changes. By way of reminder, anyone who is a letting agent .....
Friday, May 24, 2013
CCAB-I has contacted the Property Services Regulatory Authority (PSRA) on the issue of whether or not on-going rent collections are 'client moneys' under the Property Services (Regulation) Act 2011 ('the Act') and the Property Services (Regulation) Act 2011 (Client Moneys) Regulations 201.....
Friday, May 24, 2013
Emerging Opportunities for Emerging Business Leaders. Get invaluable insight from members at the cutting edge of their roles. Plus an overview of how social, economic, political and technological factors will impact consumers, businesses and members in their respective roles. Lecturer, Columnist an.....
Friday, May 24, 2013
We are delighted that the University of Sussex’s School of Business, Management and Economics has adopted International Financial Accounting and Reporting, by Ciaran Connolly, as the recommended textbook for undergraduate and postgraduate Financial Reporting courses. This seminal Irish textboo.....
Friday, May 24, 2013
Fighting tax evasion and tax fraud was one of the key themes of the European Council meeting on Wednesday, 22 May.Extending automatic exchange of information at both EU and global level is a priority task in this fight; according to the Council in the summit conclusions. To this end, amendments to .....
Friday, May 24, 2013
Legislation introduced in Finance Bill 2013 includes the rules which determine an individual's tax residence on a statutory basis via the Statutory Residence Test (SRT). HMRC has published draft guidance to support the legislation. For the majority of people whether or not they are resident for tax.....
Friday, May 24, 2013
Members are advised to be vigilant of fraudulent emails purporting to come from Revenue seeking personal information from taxpayers in connection with a tax refund. These phishing emails are headed ‘Important Message - Tax Refund’ and did not issue from Revenue. Members are remind.....
Friday, May 24, 2013
Taxes Consolidation Act 1997 from Chartered Tax Library is the annotated text of the Taxes Consolidation Acts 1997, amended up to and including Finance Act 2013. This publication is the essential tax legislation resource for tax and legal professionals and students. For more information and t.....
Monday, May 20, 2013
Chartered Accountants New President calls for end to voluntary regulation of accountancy sector “Dangerous loophole puts consumers’ financial well-being at risk” says new President Chartered Accountants Ireland’s new President, Brendan Lenihan, has described as a ‘dangerous loop.....
Monday, May 20, 2013
Just over 845,000 Local Property Tax (LPT) returns have been filed to date according to Revenue. This is just over half of the total 1.6 million returns issued by Revenue. With over a week to go until the online LPT return deadline of Tuesday 28 May, some 1 million returns are due to be.....
Monday, May 20, 2013
The meeting of EU Finance Ministers (ECOFIN) in Brussels on Tuesday 14 May, chaired by Irish Finance Minister Michael Noonan, reached an agreement on a mandate to negotiate updates to Savings Tax Agreements with Switzerland, San Marino, Andorra, Lichtenstein and Monaco. Agreement was not reached du.....
Monday, May 20, 2013
Revenue has published a notice for employers and pension providers on the operation of LPT deductions at source. In the notice employers and pension providers are advised that where an employee/pension recipient has chosen payment of LPT by deduction at source, Revenue will notify the employe.....
Monday, May 20, 2013
Members are advised to be vigilant of fraudulent emails purporting to come from Revenue seeking personal information from taxpayers in connection with a tax refund These phishing emails are headed ‘Important Message - Tax Refund’ and did not issue from Revenue. Members are reminde.....
Monday, May 20, 2013
The legislation to implement the Intergovernmental Agreement with the United States to improve international tax compliance and implement FATCA (Foreign Account Tax Compliance Act) was contained in Finance Act 2013. Accompanying draft regulations and draft guidance notes have now been published. We.....
Monday, May 20, 2013
Revenue has published updated forms under the Mandatory Disclosure Regime provided for by Part 33 Chapter 3 TCA 1997. Form MD1 and MD4 are for promoters disclosing under section 817E TCA 1997 and section 817M TCA 1997. Form MD2 should be completed by a transaction user disclosing under sectio.....
Monday, May 20, 2013
The May issue of tax.point, Chartered Accountants Ireland’s monthly tax journal and online publication, is now available. In this month’s issue, Andrew Walker writes on the political drive for a clampdown on the perceived leakage of tax. Michael Smith reviews the supports fo.....
Monday, May 20, 2013
TaxSource and TaxSource Extra, the comprehensive online legislation service from Chartered Accountants Ireland is now updated to and including Finance Act 2013. TaxSource is a reliable, updated, searchable, copy of Irish Tax Acts on-line, developed by Chartered Accountants Ireland. All Members may .....
Monday, May 20, 2013
HMRC have provided clarification on the criteria for registering a PAYE scheme as annual. To be considered as annual, a scheme must meet the following requirements: all the employees are paid annually all the employees are paid at the same time/same date the employer is only required to pay HMRC an.....
Monday, May 20, 2013
HMRC have provided an update for employers and agents on the development and availability of additional online forms for submitting end of year expenses and benefits information. We understand that HMRC aim to deliver the full suite of forms in June 2013, ahead of the P11D filing deadline on 6 July.....
Monday, May 20, 2013
Legislation introduced in Finance Bill 2013 includes the rules which determine an individual's tax residence on a statutory basis via the Statutory Residence Test (SRT). HMRC has published draft guidance to support the legislation. For the majority of people whether or not they are resident for tax.....
Monday, May 20, 2013
HMRC has published an updated guide to the new Charities Online service launched last month. The guide is also intended to help organisations deal with, and prepare for, the change. By way of reminder, since 22 April 2013, charities and Community Amateur Sports Clubs (CASCs) can sign up to make rep.....
Monday, May 20, 2013
HMRC has published an updated guide to the new Charities Online service launched last month. The guide is also intended to help organisations deal with, and prepare for, the change. By way of reminder, since 22 April 2013, charities and Community Amateur Sports Clubs (CASCs) can sign up to make rep.....
Monday, May 20, 2013
HMRC has issued a news release outlining its work with the US and Australian tax authorities as part of an international approach to tackle offshore tax evasion. HMRC has confirmed that it is working with both the United States IRS and the Australian Tax Office on data which it says reveals extensi.....
Friday, May 17, 2013
The meeting of EU Finance Ministers (ECOFIN) in Brussels on Tuesday 14 May, chaired by Irish Finance Minister Michael Noonan, reached an agreement on a mandate to negotiate updates to Savings Tax Agreements with Switzerland, San Marino, Andorra, Lichtenstein and Monaco. Agreement was not reached du.....
Friday, May 17, 2013
Previously titled the APB Compendium of Standards and Guidance, it includes a summary of 2012 activities, as well as a section regarding the Financial Reporting Council and the scope and authority of audit and assurance pronouncements. The Ireland Edition contains, uniquely, the following Standard,.....
Friday, May 17, 2013
TaxSource Extra has the fully consolidated version of all key Irish Tax Acts: Taxes Consolidation Act 1997 The Stamp Duties Consolidation Act 1999 Capital Acquisitions Tax Act 2003 VAT Consolidation Act 2010 Finance (Local Property Tax) Act 2012 updated to and including Finance Act 2013. TaxSource .....
Friday, May 17, 2013
TaxSource is a reliable, updated, searchable, copy of Irish Tax Acts on-line, developed by Chartered Accountants Ireland. All Members may search and print from TaxSource, updated to Finance Act 2013 for FREE. TaxSource for Chartered Accountants Ireland members contains the full consolidated and upd.....
Friday, May 17, 2013
The legislation which deals with dishonest conduct by tax agents became operational on 1 April 2013 following a long process of consultation which began in 2010. Chartered Accountants Ireland was involved in all aspects of the process from the initial consultation to the development of final detail.....
Thursday, May 16, 2013
Chartered Accountants Ireland recently submitted its response to the proposals of the Financial Reporting Council (FRC) to require auditors to make disclosures in the audit report addressing risks of material misstatement, materiality and a summary of the audit scope. Whilst recognising the ra.....
Monday, May 13, 2013
Ireland’s largest accountancy body, Chartered Accountants Ireland today, 14th May 2013, celebrates the 125th anniversary of the Institute since its foundation by Royal Charter on 14th May, 1888. Chartered Accountants Ireland will mark this significant milestone over the coming 12 months with a.....