Basis Period Reform
From the 2024/25 tax year, all business profits subject to income tax, will be assessed on the profits arising in the tax year, no matter what date their accounts are drawn up.
Read full articleCrackdown on Directors Who Dissolve Companies to Evade Debts
New legislation has been enacted to make it easier to investigate and prosecute directors who dissolve their companies and avoid paying liabilities to staff, creditors and the taxpayer.
Read full articleSpring Statement Summary 2022
The Chancellor used the Spring Statement to announce the government’s Tax Plan and the implementation of the first stage of that plan.
Read full articleNew Personal Injury Discount Rate for NI
The Government Actuary for Northern Ireland has determined that the new personal injury discount rate should be minus 1.5% as of 22 March 2022.
Read full articleYear End Personal Tax Planning Guide
With the 2021/2022 year end only four weeks away, now is an opportune time to consider your goals and look ahead when consider your tax planning, not just for the current tax year but also for years to come.
Read full articleCRO Introduce Mandatory e-Filing in Republic of Ireland
Company Registration Office (CRO) have announced, as of 1st March 2022, there is a requirement for 18 statutory forms that were previously filed either by hard copy or electronically through CRO’s CORE software platform to be filed online only.
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