Five things you need to know about tax, 5 March 2021

Mar 05, 2021

In Irish tax developments, corrections to MyEnquiries functions will take effect later this month in response to practitioner’s feedback and see the latest update on TWSS compliance checks. On the UK front, read the latest key matters discussed with HMRC at recent meetings. While in international tax, the OECD published a report aimed at tackling professionals enabling tax evasion and other financial crimes on behalf of clients.

    Ireland

  1. In response to practitioner’s feedback, Revenue provided details of corrections to MyEnquiries functions to take effect later this month at a recent TALC meeting;
  2. See the latest update on TWSS compliance checks, as Revenue sets out the implication for employers having to repay TWSS under the compliance check programme;

    UK

  3. Read the latest key messages and discussion points from meetings with HMRC;
  4. The Institute made two recent submissions in the context of Brexit, which are now available for reading; and

    International

  5. The OECD published a new report outlining strategies and actions for tackling professionals enabling tax evasion and other financial crimes on behalf of clients.

Keep up to date with all the latest Irish, UK and international tax developments through Chartered Accountants Ireland’s Tax Newsletter.