In Irish news, the recently announced amendments to the film tax credit take effect, a report published by the Parliamentary Budget Office highlights the risks that could impact Ireland’s corporation tax take and employees can now access their ERR data. In UK news, this week we take a further look at HMRC’s Raising Standards in Tax Advice consultation, and we bring you the key tax changes which take effect when the new tax year starts on 6 April.
Ireland
- The Minister for Finance, Michael McGrath TD, has signed commencement orders that increase the film tax credit project cap to €125 million and extend the tax credit until the end of 2028.
- The Parliamentary Budget Office has published a report highlighting the risks that could impact Ireland’s corporation tax take.
- Employee access to ERR data is now available.
UK
- We want to hear from you about HMRC’s Raising Standards in Tax Advice consultation for a hybrid regulatory model of joint HMRC and industry enforcement.
- Read the key tax changes which take effect when the new tax year starts on 6 April.
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 EU exit corner here.