In Irish news, tax receipts remain strong in 2022 and Revenue publishes guidance on the new ROS Return Preparation Facility. In UK news, the Institute does not recommend further tax devolution for Northern Ireland at this time and HMRC transfers remaining businesses to Making Tax Digital for VAT. On the International front, OECD data reveals tax revenues rebounded as economies recovered from the COVID-19 pandemic.
Ireland
- November Exchequer figures confirm that tax receipts remain strong in 2022.
- Revenue has published detailed guidance on accessing and using the new ROS – Return Preparation Facility (RPF), enabling taxpayers and tax agents to complete forms without the need to log into ROS, save the forms on their local computer and upload the files to ROS at a later time.
UK
3. The Institute does not recommend further tax devolution for Northern Ireland at this time.
4. HMRC transfers remaining businesses to Making Tax Digital for VAT.
International
5. OECD data reveals tax revenues rebounded as economies recovered from the COVID-19 pandemic.
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