‘Tis the Season, within reason – Revenue’s approach to BIK charges on virtual Christmas parties is considered in Irish developments this week, along with the fast-approaching deadline for businesses affected by restrictions in October to make their CRSS claim. In UK developments, take our short survey on the UK self-assessment deadline. While in international tax, EU agreement is reached on new tax transparency rules for digital platforms.
Ireland
- ‘Tis the Season, within reason – Revenue confirm a BIK will not arise on reasonable costs incurred by an employer in hosting virtual parties for employees this Christmas;
- Read about the eight-week time limit for making CRSS claim, which is fast approaching for businesses affected by restrictions in October 2020;
UK
- Take our short survey on the UK self-assessment deadline;
- Read this week’s update on the various HMRC administered COVID-19 support schemes; and
International
- European Member States have agreed to extend EU tax transparency rules to digital platforms.