Much like the proverbial buses, there were a number of tax-related announcements this week: 1 – Revenue have announced an extension for personal tax and Capital Acquisition Tax returns by four weeks to 10 December. This is good news of course, particularly for those struggling with COVID related issues. However be careful – the extension …
Changes to the applicable VAT rates were recently announced by the Government. The standard rate of VAT to be charged has been reduced from 23% to 21%. This has effect for all invoices issued and dated 1 September 2020 or after. This change is intended to be temporary and the rate should revert to 23% …
In a famous episode of the Simpsons, the good citizens of Springfield lose the plot and begin to frantically dig in search of rumoured buried treasure. At the end of the episode, Homer, Otto and Chief Wiggum find themselves in a huge hole that they cannot get out of and without any treasure in sight. …
