Summer Economic Statement
The Government published its Summer Economic Statement on Tuesday 21 June with the message that the country’s economic recovery is now firmly established. The Government is claiming that public finances are in a much better position and unemployment has fallen below 8 per cent.
Tax reform is a key element in supporting economic growth and the Government are committed to...
This week’s tax tidbits
Developments of interest this week are outlined.
Revenue have communicated that the concessional 21 day filing extension for iXBRL returns will be increased to three months from the due date of the Form CT1 in respect of accounting periods ending on 1 December 2015 or later. If the iXBRL return is filed later than three months after the due date, a...
IASB clarifies the classification and measurement of share-based payment transactions
The International Accounting Standards Board (IASB) has published final amendments to IFRS 2 'Share-based Payment' that clarify the classification and measurement of share-based payment transactions. The amendments address several requests that the IASB and the IFRS Interpretations Committee received and that the IASB decided to deal with in one combined narrow-scope project.
The press release and a link to the amendments...