Five things you need to know about tax, Friday 13 September 2024

In Irish news, the Department of Finance has published the Fiscal Monitor for August 2024, the PBO has published an overview of taxes on wealth in Ireland, and Revenue has published new guidance on the CAT reporting requirements for certain interest-free loans. In UK news, HMRC has announced a delay to the new data reporting requirements which were due to take effect for employers from April 2025 and this week’s miscellaneous updates features a new report from the National Audit Office on tax avoidance and evasion in the retail sector.

Ireland

1. The Department of Finance has published the Fiscal Monitor for August 2024 showing an Exchequer surplus.
2. The Parliamentary Budget Office (PBO) has published an overview of taxes on wealth in Ireland.
3. Revenue has published new guidance on the CAT reporting requirements for certain interest-free loans.

   UK

4. Read about HMRC’s decision to delay the new data reporting requirements which were due to take effect for employers from April 2025.
5. The National Audit Office has published a new report on tax avoidance and evasion in the retail sector.

Keep up to date with all the latest Irish, UK, and international tax developments through Chartered Accountants Ireland’s Tax Newsletter. Subscribe to the Tax News by updating your preferences in MyAccount. You can also read this week’s EU exit corner.