Five things you need to know about tax, 2 November 2018

Nov 01, 2018

In this week's round-up, Revenue have extended the deadline for submitting a List of Employees under PAYE Modernisation for employers, the UK has announced plans to introduce a digital tax, while Grenada joins BEPs, bringing the number of members to 123.     

      Ireland

  1. The 31 October deadline for submitting a List of Employees under PAYE Modernisation to Revenue has been extended for all employers. Details of the extension can be found in Revenue’s eBrief.  Revenue had earlier this week extended the deadline to certain employers only but all employers now qualify for an extension. Revenue have told us there is no definitive date set for when the extension will end and they will review in due course.   

  2. Read about Revenue’s facility to make an “expression of doubt” when claiming the dwelling house exemption in cases impacted by a recent High Court decision

     

    UK

  3. Read about the UK’s intention to introduce a 2 percent digital tax from April 2020
  4. In next Monday’s edition of Chartered Accountants Tax News, we take a look at Budget 2018 in detail

     

    International

  5. Grenada recently joined the Inclusive Framework on BEPS which increases the membership to 123 jurisdictions