Five things you need to know about tax, 14 March 2019

Read about CCAB-I’s response to the OECD consultation on possible solutions to the challenges posed by the digitalised economy, a delay to the issue of 2017/18 UK self-assessment late filing penalty notices and Morocco joins the Inclusive Framework on BEPS.     

     Ireland

1. Concerns on profit allocation based on market highlighted in OECD consultation response by CCAB-I. Read more
2. Revenue’s close company guidance has been updated to include some anti-avoidance provisions along with changes made by Finance Act 2018 to the company charge to income tax on loans to participators. Read more

    

   UK

3. HMRC are delaying the issue of late filing penalty notices for 2017/18 online self-assessment returns not filed by 31 January 2019
4. The payment date for stamp duty land tax is now 14 days, reduced from 30 days

    

   International

5. Morocco joins the Inclusive Framework on BEPS. Read more