In UK news, after significant lobbying by this Institute and other key stakeholders, late last month the UK Government announced an increase in the 100 percent allowance for agricultural property relief and business property relief and the Spring Statement, the next big UK economic and fiscal event, will take place on Tuesday 3 March 2026. In Irish news, Revenue has published preliminary results for 2025 and following a recommendation from the TALC Simplification working group, the guidance on reliefs for investments in corporate trades has been restructured by Revenue. In International news this week, the OECD has published a report on digital continuous transactional reporting for VAT.
UK
1. Last month the UK Government announced an increase in the 100 percent allowance for agricultural property relief and business property relief with effect from 6 April 2026.
2. The
Spring Statement will take place on Tuesday 3 March 2026.
Ireland
3. Revenue has recently published its headline results for 2025.
4. Following our engagement in the Tax Administration Liaison Committee (TALC), Revenue has recently restructured its guidance on reliefs for investments in corporate trades.
International
5. Read the report recently issued by the OECD on digital continuous transactional reporting for VAT.
Keep up to date with all the latest Irish, UK, and international tax developments through Chartered Accountants Ireland’s Tax Newsletter. Subscribe to the Tax News by updating your preferences in MyAccount. You can also read this week’s Cross-border developments and trading corner here.
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