There were little in the way of income tax measures announced today, however, the Minister for Finance announced a change in the USC bands to ensure that the increased minimum wage of €14.15 remains outside the higher rates of the USC. It is also important to note that all workers will be impacted by the increase of 0.1 percent employee PRSI from 1 October 2025 and another 0.15 percent is expected on 1 October 2026.   Budget 2026 has also extended the rent tax credit and mortgage interest relief that were due to expire in 2025.  The Minister also announced that there is to be a reduction in the rates of taxation that apply to certain investments from 41 percent to 38 percent which includes Exchange Traded Funds (ETFs).   USC  To ensure that the salary of a full-time worker on the minimum wage will remain outside the 3 percent rate of USC when the minimum wage increases from €13.50 to €14.15 from 1 January 2026, the ceiling of the 2 percent USC rate band will increase by €1,318 from €27,382 to €28,700.    As a result, the USC rates and bands from 1 January 2026 will be:  €0 – €12,012 - 0.5% (no change);  €12,013 – €28,700 - 2%;    €28,700 – €70,044 – 3%    €70,045+ - 8% (no change); and  Self-employed income over €100,000 - 3% surcharge (no change).  Incomes of less than €13,000 remain exempt from USC.  The estimated cost of the changes in USC is €72 million in 2026 and €76 million per annum thereafter.   Medical card holders with income not exceeding €60,000 will continue to qualify for the reduced USC rate to 31 December 2027.  Rent tax credit  The rent tax credit, which was due to expire on 31 December 2025, has been extended for a further three years to 31 December 2028. The value of the tax credit for 2026 is a maximum of €1,000 per single individual and €2,000 per jointly assessed couple. The cost of retaining this credit to the Exchequer is estimated to be €350 million per annum.  Mortgage interest relief  Mortgage interest relief has been extended on a tapered basis to 31 December 2026. The current level of relief will be maintained for the increase in interest paid in the tax year 2025 over 2022, with a maximum tax credit of €1,250 per property available, this relief can be claimed by taxpayers from 2026. A reduced level of relief will be available for the increase in interest paid in the tax year 2026 over 2022, with a maximum tax credit of €625 per property applicable, this relief can be claimed by taxpayers from 2027.  The cost of extending the relief to 31 December 2026 and maintain the current level of relief for 2025 and reduce the level of relief applicable for 2026 is estimated to be €38 million.  Vehicle benefits in kind  The temporary universal relief of €10,000 applied to the Original Market Value of a vehicle (including vans) for vehicles in Category A-D and the amendment to the lower limit of the highest mileage band is being extended to 31 December 2026. This will taper to €5,000 in 2027, €2,500 in 2028 before it is abolished from 1 January 2029.  The tables used to calculate BIK liability on employer-provided cars are being amended to incorporate a new category for vehicles with zero emissions. The new A1 category introduces reduced BIK rates for electric vehicles, with rates of 6 percent to 15 percent, depending on business mileage.  Micro-generation of electricity   The income tax relief that exempts income up to €400 per annum from the micro-generation of electricity is extended to 31 December 2028. The cost of extending the relief is estimated to cost €10 million per annum.  Taxation of Investments  The rates of taxation that apply to investments in Irish domiciled funds and life assurance policies, other than those applying to companies, personal portfolio investment undertakings and personal portfolio life assurance policies will be reduced, as will the rates that apply to equivalent offshore funds and certain foreign life assurance policies. The tax rate applicable to relevant investments is being reduced from 41 percent to 38 percent. The overall cost of the reduction is estimated to be €19 million.  The rate change will apply to Exchange Traded Funds (ETFs) including Irish domiciled ETFs.  Auto Enrolment   The Finance Bill 2025 will provide for additional amendments to the tax treatment for the Auto Enrolment (AE) Retirement Savings Scheme to  address the tax treatment of AE retirement savings on the death of the participant;  exempt AE provider schemes from investment undertaking tax; and   provide an exemption from USC for employer contributions to AE.  Manufacture of Uilleann Pipes and Irish Harps   The Income Tax disregard on up to €20,000 of a person's profits from the manufacture, maintenance and repair of sets of uilleann pipes, early Irish harps and Irish lever harps, is being extended to 31 December 2028. The relief is expected to cost €500,000 per annum.   

The main VAT changes announced relate to the introduction of 9 percent VAT rate for certain areas of the hospitality and retail sector and on the construction of new apartments. VAT on food and catering businesses and hairdressing services From 1 July 2026, the VAT rate applied to businesses in food and catering and hairdressing services is being reduced from 13.5 percent to 9 percent. It is estimated that this measure will cost €232 million in 2026 and €681 million in a full year. VAT on gas and electricity The reduced VAT rate of 9 percent on gas and electricity bills which was due to expire on 1 November 2025 will be extended until 31 December 2030. VAT on new apartments The VAT rate applied to the construction of new apartments is to be reduced from 13.5 percent to 9 percent. This reduced rate will apply from 8 October 2025 and will last until 31 December 2030. In our Pre-Budget submission, we have called for a targeted, time limited measure to address market failures in the delivery of apartments. It is hoped that the VAT reduction will address this market need effectively and efficiently. VAT Modernisation and electronic invoicing The Minister announced the commencement of a phased implementation of domestic electronic invoicing for business-to-business (B2B) transactions. This implementation supports the EU approved VAT in the Digital Age (ViDA) initiative which aims to modernise the EU’s VAT system.  Further details on this initiative will be outlined in a paper to be published by Revenue tomorrow.

We set out below the remaining measures on excise measure, in addition to changes to the Vehicles Registration Tax and Carbon Tax. Carbon tax rate increase for propellant and other fuels In line with the trajectory set out in the Finance Act 2020, the carbon tax rate per tonne of CO₂ emitted for propellant fuels will increase from €63.50 to €71, effective 8 October 2025. This revised rate will be extended to all other fuels from 1 May 2026, continuing the Government’s commitment to climate action and emissions reduction through fiscal measures. The increase forms part of Ireland’s broader environmental taxation strategy aimed at incentivising lower-carbon energy use across sectors. Extension of Vehicle Registration Tax relief for electric vehicles The Vehicle Registration Tax (VRT) relief for electric vehicles, originally scheduled to expire on 31 December 2025, has been extended by one year and will now remain in place until 31 December 2026. This extension encourages continued uptake of electric vehicles in line with Ireland’s climate and transport decarbonisation goals. Excise Duty increase on Tobacco Products Budget 2026 provides for an increase in excise duty on tobacco products. The duty on a pack of 20 cigarettes will rise by €0.50 (inclusive of VAT). Pro rata increases will also apply across other tobacco products, in line with the Government’s public health objectives and ongoing commitment to reducing tobacco consumption.

This year, as in previous years, a number of key reliefs for the agricultural sector have been extended. We outline these below in further detail. Accelerated Capital Allowances scheme for slurry storage The Accelerated Capital Allowances Scheme for the construction of slurry storage facilities by farmers has been extended for a further four years, now applying until 31 December 2029. Under this measure, qualifying capital expenditure on slurry storage buildings and associated equipment may be written off at a rate of 50 percent per annum over two years, compared to the standard write-off periods of seven years for farm buildings and eight years for plant and machinery. This accelerated relief continues to support investment in environmentally sustainable agricultural infrastructure by improving cash flow and reducing the effective tax burden on capital investment. Farm Restructuring Relief extended and expanded Finance Bill 2025 will provide for the extension of Farm Restructuring Relief to 31 December 2029, continuing support for farmers undertaking land consolidation and restructuring. In addition to the extension, the scope of the relief is being broadened to include: Commercial forestry land, and Non-commercial woodland/forestry, reflecting a more inclusive approach to land use within the agricultural sector. These changes will be subject to separate commencement orders, pending the necessary notification and approval from the EU Commission under State Aid rules. Further operational details will be confirmed in due course. Farm Consolidation Relief extended and scope expanded You can read a full update on the announcements under our Stamp Duty section here. Young Trained Farmer Stamp Duty Relief extended You can read a full update on the announcements under our Stamp Duty section here. Farmer’s Flat Rate VAT compensation revised for 2026 The Farmer’s Flat Rate Payment, which compensates unregistered farmers for VAT incurred on purchases, has been revised for 2026. The new rate will be 4.5 percent, down from 5.1 percent in 2025. This adjustment reflects the average VAT costs incurred by farmers, calculated using macroeconomic data compiled by the Central Statistics Office (CSO) and Revenue over the preceding three years. The Flat Rate scheme continues to provide simplified VAT relief for farmers who choose not to register for VAT, helping to offset input costs without the administrative burden of full VAT compliance.

Budget 2026 includes enhancements to the Research and Development (R&D) tax credit and to various other reliefs including the Key Employee Engagement Programme (KEEP), the Special Assignee Relief Programme (SARP) and the Foreign Earnings Deduction (FED).   Improvements to the dividend participation exemption were also announced including an extension of the geographical scope of the exemption. The Minister also announced that a public consultation on withholding tax will be launched shortly.  R&D tax credit  The Minister announced several important updates for the R&D tax credit in Ireland following the feedback received through the public consultation earlier this year (you can read our response here) and acknowledging the importance of the relief in driving competitiveness in Ireland. The three main enhancements are as follows: The rate of the tax credit has been increased from 30 percent to 35 percent,   An increase in the first-year payment threshold from €75,000 to €87,500 aimed at supporting smaller R&D projects, and An administrative simplification measure was also announced which will allow 100 percent of an R&D employee’s emoluments as qualifying costs where at least 95 percent of time is spent on qualifying R&D activities. The Minister also announced the forthcoming publication of an R&D Compass, which will outline the strategic direction for future developments in research, development, and innovation supports. The R&D compass will also consider changes to the R&D tax credit with respect to the definitions of outsourcing and qualifying expenditure. Key Employee Engagement Programme The Key Employee Engagement Programme (KEEP) has been extended to 31 December 2028. This extension is subject to approval by the European Commission. Special Assignee Relief Programme The Special Assignee Relief Programme (SARP) is being extended for five years, to 31 December 2030. From 1 January 2026, an annualised salary of €125,000 or above will be required to qualify for the relief. New entrants to the scheme from 2026 onwards may benefit from an income tax exemption on 30 percent of relevant annual employment income between €125,000 and €1 million. This change will not apply to existing claimants who continue to avail of SARP in 2026 and further years. Simplification of certain relevant administrative requirements are expected to be announced in Finance Bill 2025. Foreign Earnings Deduction The Foreign Earnings Deduction (FED) will be extended for a further five years, up to 31 December 2030. In addition, from 1 January 2026, the scheme will be enhanced by increasing the cap on qualifying employment income for Income Tax relief from €35,000 to €50,000. The scope of the relief is also to be broadened to include qualifying workdays spent in the Philippines and Turkey. Changes will also be introduced in Finance Bill 2025 to streamline certain administrative requirements. Participation exemption for certain foreign dividends The participation exemption for foreign dividends, introduced in the Finance Act 2024, marked a significant enhancement to Ireland’s tax framework. The Minister announced that several changes to the exemption will be provided for in Finance Bill 2025 which include: Broadening the geographic scope to include qualifying dividends received from jurisdictions that apply a non-refundable dividend withholding tax. The period for which companies must have been resident in a jurisdiction within the geographic scope of the relief before paying a dividend will be reduced from five years to three years. Clarification was provided that the acquisition of a shareholding is not considered to be an acquisition of business assets for the purposes of the participation exemption. The Institute welcomes these changes as we had previously raised these recommendations in a letter which you can read here. Further details will be set out in Finance Bill 2025. Film Tax Credit The Film Tax Credit is being enhanced to introduce a new 40 percent rate for productions with a minimum eligible expenditure of €1 million on relevant Visual Effects work. The rate will apply on qualifying expenditure up to a maximum of €10 million per production. The changes are subject to approval by the EU. Digital Games Tax Credit The Digital Games Tax Credit is being extended by six years to 31 December 2031. In addition, the credit is being enhanced to allow for claims in respect of Post-Release Content work, subject to certain conditions being satisfied. The changes are subject to approval by the EU. Accelerated Capital Allowances for Energy Efficient Equipment The Accelerated Capital Allowances Scheme for Energy Efficient Equipment which provides for an accelerated deduction of 100 percent of the asset cost in year one for qualifying equipment is being extended to 31 December 2030. Accelerated Capital Allowances for Gas Vehicles and Refuelling Equipment The Accelerated Capital Allowances Scheme for gas vehicles and refuelling equipment is being extended to 31 December 2030. This scheme provides a tax incentive for companies and unincorporated business that invest in vehicles which run on compressed natural gas, liquefied natural gas, biogas or hydrogen, and in related refuelling equipment. Capital Allowances for Intangible Assets The Minister indicated that amendments are being made to the intellectual property capital allowances legislation regarding how balancing allowances, which arise on certain events such as the disposal or transfer of the asset, can be used. A Financial Resolution will be brought forward on the night of Budget 2026 to provide for these amendments with immediate effect and will be followed by legislation in Finance Bill 2025. Capital Gains Tax Revised Entrepreneur Relief The lifetime limit on which the Revised Entrepreneur Relief can be claimed will be increased to €1.5 million from 1 January 2026. The relief now provides for a reduced rate of CGT of 10 percent on gains of up to €1.5 million, over a lifetime, arising from the disposal of qualifying business assets. Bank Levy The Bank Levy is being extended for a further year and will apply in 2026. Withholding Taxes As part of his Budget speech the Minister announced that a public consultation on withholding tax will be launched soon.

The need for a whole-of-government approach to tackle the ongoing housing crisis is well accepted by now. The Institute has called for tax-based levers to address the ongoing market failure in delivering affordable housing at scale and at speed. Today’s Budget includes some important changes to key reliefs as well as new measures which, if properly implemented and legislated, should have a positive impact on the construction of buildings and utilisation of land in Ireland. VAT on New Apartments You can read a full update on the announcements under our VAT section here. Residential Development Stamp Duty Refund Scheme You can read a full update on the announcements under our Stamp Duty section here. Deduction for retrofitting by landlords The tax relief available to landlords for qualifying retrofitting expenditure on rented residential properties has been extended by a further three years, now applying until 31 December 2028. In addition to the extension, two key enhancements have been introduced: Timing of relief: The deduction may now be claimed in respect of the year in which the expenditure is incurred, rather than being deferred. Scope of relief: The maximum number of properties for which a landlord may claim the relief has increased from two to three. These changes aim to further incentivise energy efficient improvements in the private rental sector. Corporation tax exemption for cost rental income The new corporation tax exemption for cost rental income will apply to rental profits derived from residential properties designated as Cost Rental to accelerate the delivery of affordable housing. The exemption will apply from 8 October 2025. Cost Rental is a tenure model established under Part 3 of the Affordable Housing Act 2021, aimed at supporting moderate-income households who fall outside the eligibility criteria for social housing. Strict eligibility criteria and operational rules apply to ensure transparency and alignment with the scheme’s objectives. Enhanced corporation tax deduction for apartment construction costs The enhanced corporation tax deduction allows developers to claim 125 percent of qualifying construction costs, subject to a cap of €50,000 in additional deductible costs per apartment unit. The measure is aimed at improving the financial viability of apartment development projects by bridging the gap between development costs and achievable market prices. Key features of the measure include: Deduction rate: Qualifying construction costs will attract a deduction of 125 percent, capped at an additional €50,000 per unit, equating to a maximum tax benefit of €6,250 per apartment. Ownership requirement: The developer must be the beneficial owner of the property at the time of completion. Project size: Relief is available for developments comprising 10 or more apartments. Eligible projects: Applies to both new-build and conversion projects, including changes of use (e.g. office or retail to residential). Timing: Relief is available for projects where a Commencement Notice is submitted between 8 October 2025 and 31 December 2030. Claim point: The deduction becomes claimable upon completion, evidenced by the signing of the Certificate of Compliance. Living City Initiative A number of enhancements to the Living City Initiative were announced today. The initiative supports the regeneration of older housing and commercial stock in designated Special Regeneration Areas. The key changes announced include: Extension of the initiative to 31 December 2030. Expansion of eligibility: The qualifying building age for owner-occupier and rented residential relief is increased from pre-1915 to pre-1975. New relief category: A tax deduction will now be available for the conversion of commercial properties into residential units, including ‘over the shop’ premises. Notably, no building age restriction will apply to this category. Increased relief cap for enterprises: Where works are carried out by businesses, the maximum relief available will rise from €200,000 to €300,000, in line with EU State Aid thresholds. Greater flexibility in claiming the relief will be introduced, with further operational details to be outlined in Finance Bill 2025. In addition, the scheme will be extended to five regional centres identified under the National Planning Framework: Athlone, Drogheda, Dundalk, Letterkenny, and Sligo. The process of mapping Special Regeneration Areas in these locations will commence shortly, in collaboration with the relevant Local Authorities. Residential Zoned Land Tax (RZLT) Budget 2026 introduces further refinements to the RZLT framework, aimed at improving fairness and administrative clarity for landowners. Key updates include: Additional submission window: Landowners will be given a further opportunity to request a change in zoning for land included on the revised 2026 RZLT map. In certain cases, successful submissions may result in an exemption from RZLT for 2026. Exemption during planning appeals: A new exemption will apply where An Coimisiún Pleanála proceedings are initiated by a third party in relation to a grant of planning permission for a relevant site. RZLT will not apply while such proceedings are pending. Legislative amendments: Consequential changes arising from the Planning and Development Act 2024, along with technical amendments to ensure the RZLT legislation operates as intended, will be included in Finance Bill 2025. These measures aim to support landowners navigating zoning and planning complexities, while maintaining the policy objective of encouraging the activation of zoned residential land.

In Irish news, the Fiscal Monitor for September 2025 has been released and Revenue has announced available supports in advance of the 2025 Pay and File deadline. In UK news, HMRC has published guidance on the exemption application process for the digitally excluded from Making Tax Digital for Income Tax, and agents should take note of a new postal address for HMRC’s Agent Maintainer Team. In International news this week, the European Commission recommends a blueprint for Savings and Investment Accounts to Member States. Ireland 1. The Department of Finance and the Department of Public Expenditure and Reform have published the Fiscal Monitor for September 2025 which confirms an Exchequer surplus of €1.4 billion to the end of September. 2. Read about the extended opening hours and other Revenue supports available in respect of the 2025 Pay and File deadline for income tax and capital acquisitions tax returns. UK 3. HMRC has launched its process for applying for an exemption from Making Tax Digital for Income Tax for the digitally excluded , including the publication of accompanying guidance. 4. A new postal address should now be used when contacting HMRC’s Agent Maintainer Team. International 5. Read about the blueprint for Savings and Investment Accounts recently published by the European Commission. 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 Cross-border developments and trading corner here.          

Revenue has published a further warning of fraudulent emails, SMS (text messages) and phone calls seeking personal information from taxpayers. Revenue has updated its website to assist taxpayers identify fraudulent communications. Taxpayers who have provided Revenue account details in response to an email, SMS or phone call are advised to reset their password immediately. Taxpayers are advised to contact their bank or credit card provider if they have provided bank or card details.

The Department of Finance and the Department of Public Expenditure and Reform have published the Fiscal Monitor for September 2025 confirming an Exchequer surplus of €1.4 billion to the end of September. This compares to a surplus of €5.0 billion recorded for the same period last year. When receipts arising from the Court of Justice of the European Union (CJEU) ruling in the Apple State Aid case are excluded, an underlying Exchequer deficit of €1.9 billion was recorded, a deterioration of €6.9 billion on the same period last year. Tax receipts collected to the end of September were €73 billion, which was €4.8 billion higher than the same period in 2024. Excluding the once off receipts from CJEU judgement in the Apple State Aid case, total receipts amounted to €71.3 billion, an increase of €3.1 billion on the corresponding period in 2024. Income tax receipts for the month of September were €2.5 billion which was a reduction of €0.1 billion on receipts collected in September 2024. On a year-to-date basis, receipts to the end of September of €25.8 billion were up by €1.0 billion (4.0 per cent), when compared to end of September 2024. Corporation tax receipts of €1.8 billion were collected in September, an increase of €0.3 billion on the same month in 2024. On a cumulative basis, receipts of €20.0 billion were up by €2.2 billion on the same period last year. When the once-off CJEU receipts are excluded, cumulative corporation tax receipts to September 2025 amounted to €18.2 billion, up on the same period last year by €0.4 billion. September is a VAT due month, with VAT receipts collected of €3.6 billion representing an increase of €0.2 billion when compared to the same month last year. Cumulative receipts of €18.8 billion were ahead by 4.8 percent on end of September last year. Commenting on the figures, Minister for Finance, Paschal Donohoe said: “Today’s figures show that tax revenue growth in the year to date has been broadly steady, which is a positive sign of the underlying strength of our economy as we prepare to announce Budget 2026. I would also highlight the transfers we have made to the Future Ireland Fund and the Infrastructure, Climate and Nature Fund this year: the total in both funds now stands at over €16 billion, clearly demonstrating this Government’s commitment to building up our buffers for the future” The Minister for Public Expenditure, Public Service Reform and Digitalisation, Jack Chambers, outlined that capital spending is up by nineteen percent year on year and that the White Paper, published last Friday, reflects the €108.7 billion gross expenditure ceiling for 2025.

Revenue has announced a range of supports in advance of the extended filing date of Wednesday 19 November 2025, for Income Tax and Capital Acquisitions Tax via ROS. The ROS technical helpdesk will help filers who experience technical difficulties accessing ROS services, including difficulties relating to digital certificates, accessing ROS and ROS system errors. The helpdesk can be contacted via chatbot, My Enquiries, email (roshhelp@revenue.ie), or telephone (01 738 3699), The ROS payment support unit can be accessed via My Enquiries, or the Collector General’s Division (01 738 3663), and For assistance filing an Income tax Form 11, queries can be directed to My Enquiries, or the Businesses Taxes helpline can be reached on 01 738 3630. Full details of the above supports, in addition to the extended support opening hours, are outlined in Revenue’s eBrief No. 179/25.

The Institute welcomed the new guidance published last week by Revenue on the provision of staff meals, which sets out the circumstances under which certain employer-provided meals, including working lunches, will not give rise to a taxable benefit-in-kind. The taxation of employer-provided meals has been a key topic of the Institute’s engagement with Revenue, under the auspices of CCAB-I, through both the Tax Administration Liaison Committee and direct representations to the Department of Finance. CCAB-I’s Pre-Budget Submission 2026 addressed the taxation of ancillary benefits provided by employers, including staff working lunches, highlighting the impacts on staff morale and economic activity, and broader issues of tax fairness. The key points to take from the new guidance are as follows: Where meals are consumed on-site and are available to all staff, such meals can be provided tax-free as of 1 Oct 2025. Working lunches are now exempt if such lunches are required operationally, consumed on-site, and cost €19.25 or less per person. Meal vouchers are now fully taxable, and the €0.19 deduction is removed. Employers must keep detailed records of all meals provided as Revenue may carry out spot checks. The new guidance outlines two scenarios where a charge to tax will not arise on the provision by of staff meals by an employer. The guidance clarifies that the term “meals” includes a broad array of consumable items, with specific examples provided. The first scenario in which a tax charge will not arise involves meals provided on the employer’s premises. The guidance confirms that, effective from 1 October 2025, Revenue will accept that meals brought onto and consumed on the employer’s premises will not be treated as a taxable benefit-in-kind, provided they are made available to all employees. The second scenario described in the guidance acknowledges that, in certain business-related contexts, it may be necessary to provide meals to a specific group of individuals—for instance, a working lunch or dinner. In these circumstances, from 1 October 2025, a taxable benefit in kind will not arise provided the following conditions are met: a specific operational requirement exists, for example, lunch provided during a lunchtime meeting or staff working after normal hours, the meals are consumed on the employer’s premises, and the total cost per employee does not exceed the domestic subsistence civil service day rate of five hours or more but less than ten hours which is currently €19.25 per employee per working day. The manual includes several examples illustrating the tax treatment applicable in particular situations.

Last week I had the opportunity to attend the Global Accounting Alliance (GAA) Tax Working Group Annual Conference in Germany. The GAA Tax Working Group brings together the Tax Leaders in each of the member organisations comprising the leading accountancy bodies in Australia, New Zealand, Germany, Japan, Hong Kong, Canada, South Africa and the US. As part of the trip, the group visited the Federal Fiscal Court in Munich and the German Parliament in Berlin. These visits provided valuable insights into the German legal and political systems. Throughout the week, the group convened daily meetings to discuss the economic and fiscal landscape in each of our countries. We were provided with particularly valuable insights from our North American colleagues on what is happening on the ground with the governments in Canada and the US. These are obviously key markets and trade partners for the Irish economy. It seems positive action is being taken in Canada by the new leader, Mark Carney. However, the recent government shutdown in the US is likely to lead to further disruption in the US and indeed across the world. The group meets virtually on five other occasions throughout the year to share knowledge and insights. However, the value of the in-person sessions cannot be overstated. We are lucky to be part of this group and to be able to share knowledge with our professional accountancy colleagues across the world.