In Irish tax developments, the Institute responds to the public consultation on the transposition of the Country-by-Country Reporting Directive and Revenue publish the latest preliminary statistics for EWSS. On the UK front, HMRC will be closing their Corporation Tax and VAT phone helplines on Fridays for one month starting from today 25 February and the latest HMRC performance statistics are available. In international news, the OECD publishes its latest Tax Report to the G20 Finance Ministers and Central Bank Governors.

   Ireland

1. Last week, the Institute under the auspices of the Consultative Committee of Accountancy Bodies – Ireland (“CCAB-I”) responded to the public consultation on the transposition of Directive (EU) 2021/2101 as regards disclosure of income tax information by certain undertakings and branches. Read the full response here.

    

2. The latest preliminary statistics published last week by Revenue show that there are 24,900 employers currently registered with Revenue for EWSS, with payments of €98.2 million made to date in February, bringing the overall total payments made since July/August 2020 to €6.454 billion.Read the full story here.

    

   UK

    

3. Read more about the closure of HMRC’s VAT and Corporation Tax phone helplines on Fridays for a one month period commencing today.

    

4. HMRC’s quarter 3 performance statistics for 2021/22 are available together with an accompanying message.

    

   International

    

5. The OECD has published its latest Tax Report to the G20 Finance Ministers and Central Bank Governors. Read more here.

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