In Irish news, Revenue has published updated guidance on the Remote Working Relief and has provided clarification regarding the circumstances in which the stamp duty relief for young trained farmers can apply where the land is conveyed or transferred into joint ownership. In UK news, HMRC does a U-turn on the proposed change to the income tax treatment for certain double cab pick-ups and the Spring Budget takes place next week. In International news, Member States have agreed the latest update to the EU’s list of non-cooperative jurisdictions.
Ireland
- Revenue has published updated guidance on the Remote Working Relief (RWR) regarding its application to directors and the mandatory reporting requirement of RWR payments to employees and directors.
- Revenue has updated the Stamp Duty Manual for Young Trained Farmers relief to clarify the circumstances in which the relief can apply where the land is conveyed or transferred into joint ownership.
UK
- In response to feedback from industry, HMRC will not be proceeding with the change in income tax treatment for certain double cab pick-ups.
- The Spring Budget 2024 takes place next week.
International
- Member States have agreed the latest update to the EU’s list of non-cooperative jurisdictions.
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