Five things you need to know about tax, 13 April 2018

Apr 12, 2018

Highlights this week include Revenue are writing to employers and agents about PAYE Modernisation, new VAT legislation in the UK and a Global Forum publishes reports on tax transparency compliance.

      Ireland 

  1. From our discussions with Revenue at a recent PAYE stakeholder meeting, during April, employers and agents will receive a letter from Revenue to inform them on PAYE Modernisation – real time PAYE reporting starting next January.  Read more about this on our website
  2. Revenue Tax and Duty Manual which deals with the operation of Dividend Withholding Tax (DWT) has been updated to reflect a number of changes.  Read more on this story on our website

     

    UK

  3. New online VAT evasion powers are now in force
  4. Book onto the latest Talking Points events on Making Tax Digital

     

    International

  5. The Global Forum on Transparency and Exchange of Information for Tax Purposes recently published nine peer review reports assessing compliance with international standards on tax transparency