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

EII/SURE/SCI Revenue guidance just published

Revenue published updated guidance on EII, SURE and SCI tax reliefs for investment in corporate trades. The Tax and Duty Manual Part 16-00-02 incorporates changes under Finance Act 2019. This manual has also been updated to incorporate the guidance previously set out in Part 16-00-03, Part 16-00-10 and Part 16-00-11.

The manual also now provides for a measure which takes account of the difficulty caused by COVID-19 disruption for businesses in meeting the employment test for “tranche two” tax relief. This is an issue raised by the CCAB-I with Revenue through the TALC forum.