In UK news, the Institute has issued its UK Pre-Budget submission which includes a recommendation to reconsider proposed changes to agricultural property relief and business property relief, and we bring you the news that our long-standing recommendation to provide a permanent Trader Support Service equivalent is being progressed by the UK Government. In Irish news today, the Department of Finance has published Finance Bill 2025 and Revenue has notified us of scheduled ROS downtime this evening. In International news this week, the European Commission has published a report highlighting the disparities with the application of VAT derogations by Member States.
UK
1. Read the Institute’s UK pre-budget submission which features several Northern Ireland centric issues and again calls on the UK Government to reframe the draft legislation on agricultural property relief and business property relief.
2. In this week’s Cross-border developments and trading corner, we outline confirmation given by the UK Government to deliver a permanent support akin to that currently provided by the Trader Support Service which is due to cease at the end of 2025.
Ireland
3. Finance Bill 2025 has been published by the Department of Finance setting out the legislative provisions required to give effect to the tax measures announced in Budget 2026.
4. Revenue has confirmed details of planned ROS downtime this evening which will commence just before midnight.
International
5. Read the report published by the European Commission on the application of VAT rate derogations by member states.
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