In Irish news this week, Revenue has confirmed it will issue agents with details of client demand notices and the International Monetary Fund has published a report on the Irish economy. In UK news, the Institute has launched its position paper calling for a reduced rate of corporation tax for Northern Ireland, and in the 2025 Spending Review, HMRC has been awarded an additional £0.5 billion in 2026/27 to become a digital first organisation. In International news, the OECD has published guidance on the design of an investigation manual for tax-related crimes.
Irish
1. Revenue has confirmed it will provide agents with weekly information on client demand notices.
2. Read about the
annual review of the Irish economy by the Executive Board of the International Monetary Fund.
UK
3. The Institute has launched a refreshed campaign and published a position paper seeking a reduction in the rate of corporation tax in Northern Ireland.
4. Read about the additional funds awarded to HMRC in the 2025 Spending Review and its plans to become a digital first organisation.
International
5. The OECD has recently published guidance to assist tax authorities in compiling manuals to support criminal tax investigations.
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 post EU exit corner here.