Five things you need to know about tax, Friday 20 December 2024

In Irish news, we bring you Revenue’s opening arrangements for the holiday period, and Revenue has published new guidance on leasing arrangements where the lessee can claim capital allowances on plant and machinery. In UK news, HMRC has advised of a delay in processing postal applications to register for an agent services account and we signpost readers to a new joint report on HMRC services which the Institute contributed a quote to. In International news, the Council has agreed on the directive proposal to introduce an electronic VAT exemption certificate.

 Ireland

1. See Revenue’s opening arrangements for the holiday period.
2. Revenue has published new guidance on scenarios where lessees may claim capital allowances.

   UK

3. HMRC has advised of a delay in processing postal applications to register for an agent services account.
4. Read about the new joint report launched on HMRC services.

   International

5. The Council has agreed on the directive proposal to introduce an electronic VAT exemption certificate.

Keep up to date with all the latest Irish, UK, and international tax developments through Chartered Accountants Ireland’s Tax Newsletter. Subscribe to the Tax News by updating your preferences in MyAccount. You can also read this week’s EU exit corner here.