Five things you need to know about tax, 6 October 2017

Oct 05, 2017

Highlights this week include new functions added to the VAT 3 filing process, an update on the self-assessment filing exclusions in the UK and the VAT gap remains high in the EU. 

        Ireland

  1. Revenue has published some guidelines on the approval process that VAT registration applications go through.
  2. Read about the two new functions that were recently added to the VAT 3 filing process in Revenue Online Service (ROS).

     

    UK

  3. Read HMRC’s latest update on the exclusions from filing 2016/17self-assessment returns online.
  4. Take a look at the forthcoming Talking Points schedule for sessions you may be interested in.

     

    International

  5. EU countries lost an estimated total of €152 billion in VAT revenues in 2015, according to a new study by the European Commission.  Read more about this story.