What we do

We identify, monitor and analyse relevant public policy trends, legislative proposals, relevant news, and developments on the island of Ireland which may have an impact on the accountancy profession.


How we do it

We inform the membership and profession by publishing research into relevant public policy topics. We also work closely with elected representatives and senior personnel of Government departments and State agencies and make representations to them on behalf of our members. In this way we inform the work of Ireland's decision makers and business leaders, and contribute to the public debate on a range of matters that affect the country and our membership.


Research areas


Latest news

Public Policy

In his regular column in the Business Post, Dr Brian Keegan discusses how the current climate calls for subsidies and support, not for tax reform.

May 25, 2020
Brexit

From 1 January 2021, the UK will apply a UK-specific tariff to imported goods, which will replace the current EU Common External Tariff. The new bespoke UK Global Tariff (“UKGT”) will apply to goods imported into the UK (including Northern Ireland) irrespective of their source unless an exception such as a preferential arrangement, tariff suspension, or Free Trade Agreement applies. It is the first time the UK has set its own tariff regime for almost 50 years. As per the new system, the UK will slash import tariffs on certain products and scrap the EU calculation system to determine food levies. The UK will also round tariffs down to their nearest 2 per cent, 5 per cent, or 10 per cent, depending on their existing level, to simplify the regime, and will cut tariffs on environmental products such as LED bulbs. You can read the Institute’s response to the government’s consultation process to develop this regime. Readers can also use the UK Global Tariff tool to check the tariffs that will apply to goods they import from 1 January 2021.  Read the summary of public responses and government response for full details.  

May 25, 2020
Brexit

As per the outcome of the third round of negotiations between the UK and the EU, the UK have published the legal texts of their draft negotiation documents. As outlined below, “The Future Relationship with the EU” document lays out a suite of proposals for the UK’s negotiations with the EU. The draft legal texts are the legal articulation of this approach and have formed the basis of discussions with the EU. The main element of the UK’s approach is the comprehensive Free Trade Agreement, or FTA, covering substantially all trade. They have also proposed a separate agreement on fisheries, an agreement on law enforcement and judicial cooperation in criminal matters, and agreements in technical areas covering aviation, energy and civil nuclear cooperation. The document suite also includes correspondence from UK chief negotiator, David Frost, to his EU counterpart, Michel Barnier. Some important documents are highlighted below: Letter from David Frost to Michel Barnier: 19.05.20 The Future Relationship with the EU DRAFT UK-EU Comprehensive Free Trade Agreement (CFTA) DRAFT UK-EU CFTA Annexes DRAFT Fisheries Framework Agreement DRAFT Energy Agreement DRAFT Social Security Coordination Agreement DRAFT Agreement on Law Enforcement and Judicial Cooperation in Criminal Matters For the complete suite of documents, visit the page: UK’s approach to the Future Relationship with the EU.

May 25, 2020