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tax credits News

UK Lawmakers Discuss Potential Post-Brexit Free Zones

by Jason Gorringe,, London

Wednesday, January 10, 2018

During a January 7, 2018, debate in the UK House of Commons, UK lawmakers discussed the country's plans to leave the EU, its customs union, and value-added tax area. Read Full Story


US Filing Season Starts January 29, 2018

by Mike Godfrey,, Washington

Friday, January 5, 2018

The Internal Revenue Service has announced that the US tax season will begin on January 29, 2018, and sought to remind taxpayers claiming certain tax credits that refunds won't be available before late February. Read Full Story


Ireland's Small Firms 'Cautiously Optimistic'

by Jason Gorringe,, London

Friday, January 5, 2018

Nearly two-thirds of Irish SMEs believe the business environment is improving, but Brexit and the increasing cost of doing business are dampening the mood, according to the Small Firms Association. Read Full Story


HMRC Details 2017 Prosecutions For Tax Crimes

by Jason Gorringe,, London

Wednesday, January 3, 2018

HM Revenue and Customs, the UK's tax authority, has revealed details of its enforcement activities during 2017, including a round-up of the "top ten" cases it pursued. Read Full Story


Dutch VAT Changes To Take Effect From January 1, 2018

by Ulrika Lomas,, Brussels

Thursday, December 28, 2017

The Dutch Government has confirmed changes to the value-added tax regime that will take effect from January 1, 2018. Read Full Story


US Blocked From Backing Apple's EU Tax Appeal

by Ulrika Lomas,, Brussels

Tuesday, December 26, 2017

The General Court of the EU has rejected a request put forward by the US Government to involve itself in support of Apple's attempts to vindicate the tax rulings it received from Ireland. Read Full Story


Japan Planning Targeted Corporate Tax Relief

by Mary Swire,, Hong Kong

Thursday, December 14, 2017

Japan's ruling Liberal Democrat Party has approved a tax reform package that will cut corporate rates for companies who increase employee wages. Read Full Story


CIOT Hopeful UK Will Cushion VAT Blow For Importers

by Jason Gorringe,, London

Wednesday, December 6, 2017

The Chartered Institute of Taxation says it is encouraged by small print that was included in the recent UK Budget, which CIOT says suggests the Government is looking to cushion UK importers from a potential tax hit after the UK leaves the European Union. Read Full Story


Irish Revenue Reminds Taxpayers Of Claims Deadline

by Jason Gorringe,, London

Monday, November 27, 2017

The Irish Revenue has issued a reminder to taxpayers that there is a four-year time limit for claiming tax back, with the deadline for 2013 claims falling on December 31, 2017. Read Full Story


US Senate Bill Includes Tax Cuts For US Beverage Industry

by Mike Godfrey,, Washington

Friday, November 24, 2017

The Senate Finance Committee included provisions to reduce for two years the tax burden on US domestic brewers and distillers, and provide a permanent tax cut for wine producers. Read Full Story



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