In Irish news, the CCAB-I has written to the Taoiseach and Minister for Finance highlighting difficulties around the new rules concerning the tax treatment of GMS income of General Practitioners which take effect next year and Revenue has updated its process to allow for the automatic offset of RCT credits against tax liabilities. In UK news, from Monday 2 October, waiting times on the Agent Dedicated Line will increase and the 2022/23 self-assessment registration deadline is approaching next week. In International news, the OECD has published comments received on Amount B of Pillar One.
Ireland
- The Institute, under the auspices of the CCAB-I, wrote to the Taoiseach, Leo Varadkar T.D., and the Minister for Finance, Michael McGrath T.D., with concerns about the tax treatment of General Medical Services (GMS) income of General Practitioners (GPs) which will change from 1 January 2024.
- Revenue has updated its process to automatically offset relevant contracts tax (RCT) credits against tax liabilities as they fall due and tax returns are filed.
UK
- From Monday 2 October, waiting times on the Agent Dedicated Line are expected to increase.
- The 2022/23 self-assessment registration deadline is approaching next week.
International
- The OECD has published comments received on Amount B of Pillar One
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.