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

Tax relief for new start-ups includes UK incorporated companies

Updates to the Tax and Duty Manual Part 15-03-03 – Tax Relief for New Start-up Companies – reflect amendments to the definition of a new company in section 486C TCA 1997, which now includes companies incorporated in the UK.

Section 55 of the Withdrawal of the United Kingdom from the European Union (Consequential Provisions) Act 2020 amends the definition of new company in section 486C TCA 1997, to include companies incorporated in the UK.

The manual now reflects this amendment. See eBrief No.028/21 for further details.