In Irish news, the Tax Appeals Commission has published its 2025 Annual Report and Revenue has published updated guidance on capital gains tax clearances for non-resident vendors. In UK news, Eunan Ferguson, newly appointed Chair of the Northern Ireland Tax Committee, reflects on the Committee’s current priorities, and the UK Government has announced a range of temporary measures to reduce certain costs over the summer period. In International news this week, the OECD has released a common understanding agreed by jurisdictions implementing the Global Minimum Tax from 2024.
Irish
1. The Tax Appeals Commission has recently released its 2025 Annual Report providing an overview of the tax appeals process during the year.
2. Revenue has issued updated guidance on capital gains tax clearance procedures for non-resident vendors.
UK
3. Read an article by the new Chair of the NI Tax Committee outlining the Committee’s main priorities.
4. The UK Government has unveiled a series of temporary measures designed to help lower living costs for families and businesses.
International
5. A common understanding has been agreed by relevant jurisdictions implementing the Global Minimum Tax from 2024.
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