In Irish news, the Institute has given evidence to the Oireachtas on proposals to substantially alter the right to elect for a private hearing at the Tax Appeals Commission, and a delegation from the Institute attends the seventh meeting of the Department of Finance’s Business Tax Stakeholder Forum. In UK news, with the start of Financial Year 2026 and ahead of the 2026/27 tax year, we are launching a series of articles on various key changes. We are also seeking your views on an HMRC consultation on a proposal for new reporting requirements for close companies in respect of transactions with participators. In International news this week, the EU Council and Parliament have agreed on landmark reform of the EU customs framework.
Ireland
1. Read about the evidence given by the Institute to the Joint Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach outlining the importance of protecting taxpayer privacy.
2. Read the updates from the recent meeting of the Business Tax Stakeholder Forum which was attended by representatives from the Institute.
UK
3. Read the first in our series of articles looking at various key changes due to commence at the start of the new Financial Year 2026 and the tax year 2026/27.
4. HMRC is consulting on two areas relevant to companies and we are particularly seeking your views on the proposal requiring close companies to report additional information on transactions with participators.
International
5. The European Council and Parliament have agreed to a reform of the EU Customs Union including the establishment of a new single EU customs data hub.
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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