Five things you need to know about tax, 23 August 2019

Aug 23, 2019

This week read about Revenue’s updated employer’s guide to PAYE, while in the UK, HMRC have issued no-deal guidance on payment of import VAT on goods. In International news, the OECD have published the latest BEPS Action 14 monitoring reports.

Ireland

  1. Revenue’s guidance on employers making payroll submissions has been updated. Read more
  2. Revenue have created a new Tax and Duty manual to give guidance on the tax matters arising from the Companies Act 2014.

UK

  1. HMRC have issued Brexit guidance, VAT notice 1003, which sets out how to pay import VAT on goods you sell and send to UK buyers if you are based outside the UK, if the UK leaves the EU without a deal. Read more
  2. See the list for forthcoming online HMRC events. HMRC ask that you register at least five minutes before a digital meeting is due to start

     

    International

  3. The OECD have published stage 2 of the BEPS Action 14 peer review monitoring reports which aim to improve tax dispute resolution mechanisms. Read more