Code of Practice for Revenue Audits/Queries
Revenue have recently published the updated Code of Practice for Revenue Compliance Interventions and an updated compliance intervention framework. These changes took effect from 01 May 2022.
Tax newsletter June 2022
This series of articles will provide you with an update on tax developments that impact organisations in Ireland and those that do business with Ireland.
This edition brings you articles on tax relief available to transfer a site to your child, and following on from the popular article in our last newsletter, we have an article on crypto assets. We have updates on Irish transfer pricing rules, a breakdown of Revenue’s updated Code of Practice for Revenue Audits/Queries, and an update on the OECD Inclusive Framework on BEPS. Our VAT experts also have a roundup of all the latest information and developments on VAT in Ireland.
We trust you will find something of interest from the various matters covered and if you have a query, please get in touch with the Mazars tax team.
We trust you will find something of interest in the various matters covered and if you have a query please get in touch.
Update on the OECD inclusive Framework on BEPS
The OECD’s two-pillar solution to address the tax challenges arising from the digitalisation of the economy is continuously evolving.
Tax relief available for transfer of site to child
With the property ladder becoming more and more difficult to get on, parents with land may wish to consider transferring a site to their children so the child can build a home.
Domestic exemption from transfer pricing rules
Due to the level of uncertainty surrounding its application, Finance Bill 2021 included draft legislation under s835E TCA1997, intended to provide clarity on the exemption for non-trading domestic (Irish to Irish) transactions.
Where are Crypto-assets located?
In our February newsletter, we focused on the main taxing provisions around crypto-asset transactions, including cryptocurrencies. Revenue have since issued e-brief number 095/22 which advises that they have made updates to their internal manual.
A roundup of the latest VAT news in Ireland
Below are some of the main updates and the latest VAT news in Ireland for Q1 2022.
West still strong for entrepreneurs
The following article featured in The Business Post 'Looking West for business growth' special report on 25 October 2024. Audit & Assurance Partner, Maurice Hickey, gave his insights on the evolving business landscape in the west of Ireland.
PAYE Settlement Agreement for 2024
It is getting close to that time of year when employers need to consider whether they are required to make an application to Revenue in relation to a PAYE Settlement Agreement (PSA) for 2024.
Chief Financial Officer, Clúid Housing
Clúid Housing is currently seeking applicants for the role of Chief Financial Officer.
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Frank Greene Partner, Tax Dublin
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