TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Directors: surcharge on late returns

Guidance from Revenue has been updated to confirm how you calculate a surcharge on late returns for both proprietary and non-proprietary directors and in joint assessment cases. The treatment of tax paid under the PAYE system for the purposes of calculating the surcharge is also covered. This guidance might be useful to you over the coming weeks as the busy period of the income tax filing season kicks off.