In Irish news, Revenue has issued a press release with information for taxpayers affected by rising fuel costs and the Fiscal Monitor for March 2026 has been published. In UK news, you can read the final part of our series on the new financial and tax years which commenced earlier this month, and HMRC has provided clarification on how business cessations are treated under Making Tax Digital for income tax. In International news this week, the EU Parliament discuss the feasibility of a 28th tax regime.
Ireland
1. Read the press release published by Revenue for taxpayers impacted by rising fuel and other costs.
2. The Department of Finance and the Department of Public Expenditure, Infrastructure, Public Service Reform and Digitalisation have published the Fiscal Monitor for March 2026 which confirms an Exchequer deficit of €0.2 billion in the first quarter of 2026.
UK
3. Read part three of our series ‘New tax and financial year: new rules for 2026 and beyond’ which looks at a range of miscellaneous changes.
4. HMRC has clarified the treatment of business cessations in the context of Making Tax Digital for income tax.
International
5. The EU Parliament will discuss this week the draft report on the feasibility of a 28th tax regime and its potential to support EU competitiveness.
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.
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