In Irish news, we bring you an update from last week’s National Economic Dialogue and share an update from Revenue on the ongoing work to update the guidance on relief for investment in corporate trades. In UK news, the Institute tells HMRC that mandatory membership of a recognised Professional Body is its preferred approach to regulation of the UK tax agent market, but without additional regulation of our members, and the Spring Finance Bill has received Royal Assent. In International news, the OECD welcomes the commitment from the members of the Inclusive Framework to resolve the remaining issues under Pillar One.
Ireland
1. Institute representations at National Economic Dialogue focus on support for SME sector.
2. Update from Revenue on the ongoing work to update the guidance on relief for investment in corporate trades.
UK
3. Read the Institute’s response to the tax agent regulation consultation which tells HMRC that mandatory membership of a recognised Professional Body is its preferred approach, but without additional regulation of our members.
4. The Spring Finance Bill has received Royal Assent.
International
5. OECD welcomes commitment to resolve remaining Pillar One issues
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