Five things you need to know about tax, Friday 3 May 2024

In Irish news, Revenue publishes its Annual Report and Minister McGrath comments on the stability of Ireland’s corporation tax receipts. In UK news, we issue a final request for your views on HMRC’s tax agent regulation consultation, and update you on recent discussions with HMRC in respect of its services in 2024/25. In International news, a new report from the OECD highlights the impact of inflation on wages and after-tax income.

 Ireland

1. Revenue has published its Annual Report for 2023 confirming strong levels of voluntary compliance.
2. Minister McGrath comments on the stability of Ireland’s corporation tax receipts.

   UK

3. Tuesday 7 May is the final deadline for letting us know your views on the tax agent regulation consultation.
4. Read our update on HMRC services.

   International

5. A new report from the OECD highlights the impact of inflation on wages and after-tax income.

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 here.