Five things you need to know about tax, Friday 25 October 2024

In Irish news today, the Institute, under the auspices of the CCAB-I attended the recent meeting of the Department of Finance Business Tax Stakeholder Forum and Revenue has amended the guidance on Relief for Investment in Corporate Trades to reflect revisions arising from the General Block Exemption Regulation and Finance (No.2) Act 2023. In UK news, ahead of next week’s Budget the Institute has written to the Exchequer Secretary to the Treasury on a range of tax policy and tax administration areas and this week’s miscellaneous updates features updated guidance on VAT on private school fees. In International news, the OECD has published a manual on Effective Mutual Agreement Procedures.

Ireland

1. The Institute, under the auspices of the CCAB-I, attended the recent meeting of the Department of Finance Business Tax Stakeholder Forum.
2. Revenue has amended the guidance on Relief for Investment in Corporate Trades to reflect revisions arising from the General Block Exemption Regulation and Finance (No.2) Act 2023.

   UK

3. Ahead of next week’s Budget the Institute has written to the Exchequer Secretary to the Treasury on a range of tax policy and tax administration areas.
4. This week’s miscellaneous updates features updated guidance on VAT on private school fees.

   International

5. The OECD has published a manual on Effective Mutual Agreement Procedures.

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