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

30,000 non-filer notices issue for outstanding CT1 returns

Revenue issued letters to 30,000 taxpayers whose corporation tax returns are outstanding for accounting periods ending in 2019. The concession for the non-application of a late filing surcharge will continue to apply until 1 July 2021, as per Revenue’s press release setting out the importance of filing timely tax returns. However, companies with outstanding tax returns risk losing access to the Covid tax debt warehousing scheme and losing tax clearance, which in turn may impact a company’s access to the EWSS and CRSS Government support schemes. The letters issued on Wednesday 7 April.