In Irish tax developments, the CCAB-I represented it members at the recent meeting of TALC Collections and addressed members issues regarding delays in response times at a meeting of TALC MyEnquiries. On the UK front, the rate of interest for late payment of taxes is increasing again and read about what to expect now that HMRC’s light touch approach to compliance with the IR35 off-payroll working rules has come to an end. In International news, the OECD publishes its annual report on global tax administrations.
Ireland
- At a recent meeting of TALC Collections the Institute, under the auspices of CCAB-I, made representations on behalf of its members, including issues filing non-compliant non-resident landlord tax returns.
- Where members experience delays in response times, Revenue recommend agents make contact using the “exceptional contacts” facility, following representations made by the Institute, under the auspices of CCAB-I, at a recent meeting of TALC MyEnquiries
UK
3. HMRC’s interest rate for late payments of tax increases following the Bank of England interest rate rise.
4. HMRC’s IR35 light touch compliance approach has ended but system must be operated effectively and fairly says PAC.
International
5. The OECD recently published its annual report, “Tax Administration 2022”, comparing trends across tax administrations in 58 advanced and emerging economies.
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