Read about the tax provisions contained in proposed Brexit legislation to cope with a no-deal, the latest on the Making Tax Digital for VAT trial and how the OECD is warning against members taking unilateral measures to tax the digital economy.
Ireland
- The Irish government published Brexit legislation last week as part of its continued contingency plans for a no deal Brexit.Part 6 of the Bill sets out the tax provisions aimed at providing continuity in accessing certain taxation reliefs and allowances in the event that the UK is no longer a member of the EU/EEA. Read more
- Revenue recently published guidance confirming that following the convergence of UK and Irish GAAP with IFRS, the taxation of provisions and accruals remains unchanged
UK
- Read the latest on the Making Tax Digital for VAT trial
- HMRC have launched a new “profit diversion” disclosure facility aimed at multinationals
International
- OECD warns against individual states taking unilateral measures to tax the digital economy.Read more