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

Revenue to take pragmatic approach to late filing surcharge for 31 October 2020 income tax deadline

Revenue confirmed to the CCAB-I that it will not apply immediate late filing surcharges on income tax returns relating to the income tax return deadline of 31 October given the difficulties facing taxpayers under Level 5 restrictions. Revenue will take a pragmatic approach to the application of surcharges in relation to the 31 October 2020 income tax deadline. The CCAB-I wrote to the Chairman of the Board of the Revenue Commissioners highlighting the pressures and delays facing taxpayers under Level 5 restrictions.

The 31 October income tax deadline applies to taxpayers unable to fulfil their pay and file obligations to avail of the extended deadline of 10 December and for those taxpayers who do not qualify for the COVID-19 income tax debt warehousing scheme.