In Irish news, the Institute held an event with elected members to our launch Pre-Budget 2027 submission and the Irish Government has launched the Irish presidency of the Council of the EU. In UK news, the Institute has responded to the consultation on close company participator reporting and read our latest update on Making Tax Digital (MTD) for Income Tax. In International news, the EU FISC subcommittee on tax matters travels to Paris to discuss the international tax landscape.
Irish
1. The Institute met with elected members to present and discuss the proposals in our Pre-Budget 2027 submission.
2. Ireland’s presidency of the Council of the EU was launched by the Irish Government last week together with a dedicated website for the Irish presidency.
UK
3. In our response to the close company participator reporting consultation, the Institute outlines to Government that any dual reporting of close company transactions must be avoided.
4. You can read about averaging relief and the latest HMRC taxpayer awareness letters in our MTD for Income Tax update.
International
5. A delegation from the EU FISC subcommittee will travel to Paris this week to discuss international tax challenges including the implementation of the Side-by-Side agreement and the taxation of the digital economy.
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.
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