In Irish news, Revenue issues a key clarification on the Code of Practice for Revenue Compliance Interventions and a new TDM has been published on foreign entity classification. In UK news, we want to hear your views on two consultations, and the 2022/23 P60 deadline is approaching. In International news, the European Commission has published its summary report on the recent BEFIT consultation.
Ireland
- Revenue is updating its policy around the “self-correction without penalty” provision within Chapter 2 of the Code of Practice for Revenue Compliance Interventions with immediate effect.
- Revenue has published a new Tax and Duty Manual on the classification of foreign entities for Irish tax purposes.
UK
- The Institute is considering making submissions to HMRC on two consultations which are currently open and would welcome your views by 1pm on Monday 29 May 2023.
- The 2022/23 P60 deadline is approaching.
International
- BEFIT summary report is published by the European Commission.
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