Five things you need to know about tax, 12 May 2023

In Irish news, the Department of Finance publishes the April Exchequer results and Revenue publishes the latest statistics on the Temporary Business Energy Support Scheme. In UK developments, Chartered Accountants Ireland met recently with HMRC to discuss its Making Tax Digital small business review and we remind you that the online VAT portal will close for annual VAT files from next Monday 15 May 2023.On the International front, the Advocate General recommends annulment of the European Commission’s decision that Luxembourg had granted unlawful State Aid.

Ireland

1. April Exchequer results show solid start to second quarter for tax receipts.
2. Revenue has published preliminary statistics for the Temporary Business Energy Support Scheme (TBESS) to 4 May 2023.

   UK

3. Chartered Accountants Ireland meets HMRC to discusses Making Tax Digital small business review.
4. Reminder: the online VAT return for VAT registered traders who file their VAT return annually will close from Monday 15 May 2023.

   International

5. Advocate General recommends annulment of Commission’s decision that Luxembourg had granted unlawful State Aid.

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