In Irish news, Revenue will be issuing Level 1 Compliance Intervention letters to all taxpayers eligible for the Debt Warehousing Scheme and the Report of the Commission on Taxation and Welfare has been published. In UK news, read about recent engagement with HMRC on Making Tax Digital and key points from the Institute’s response to the consultation on repayment agents focus on the root cause of repayment agents and makes recommendations to reduce their impact in future. Today’s mini fiscal event in the UK will feature in Monday’s Chartered Accountants Tax News - see below for how to sign up. In International news, Germany, France, Italy, Spain, and the Netherlands pledge to introduce a minimum 15 per cent effective corporate tax rate.
Ireland
1. Revenue will be issuing Level 1 Revenue Compliance Intervention letters to all taxpayers who were eligible for the Debt Warehousing Scheme. Read more about the upcoming communications here.
2. The Report of the Commission on Taxation and Welfare has been published.
UK
3. Read about recent engagement with HMRC on Making Tax Digital.
4. Key points from the Institute’s response to the consultation on repayment agents focus on the root cause of repayment agents and makes recommendations to reduce their impact in future.
International
5. Germany, France, Italy, Spain, and the Netherlands pledge to implement a minimum 15 per cent effective corporate tax rate by 2023.
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