Budget Measures Implementation Act 2022
The Budget Measures Implementation Act (Act VII of 2022), implementing Budget Measures for the Financial Year 2022 and other administrative measures, was published on 8 February 2022....
13 February 2022
MIT publications clearance sale
The MIT is selling remaining stock of tax publications. All books can be purchased for the very reduced price of €10 each!! With even further reductions if you purchase 2 or more books!! (all prices quoted are inclusive of VAT) Visit https://maintax.org/book-clearance-sale/ for further details....
27 January 2022
Amendment to the Relief from Income Tax and from DDT on Certain Property Transfers Rules
The Relief from Income Tax and from Duty on Documents and Transfers on Certain Property Transfers Rules, which were published in November 2021 (see MIT News 28 November 2021), have been revised by virtue of LN 11 of 2022....
26 January 2022
FIAU guidance note on tax related suspicious reporting
The FIAU has published a guidance note in relation to tax related suspicious reporting which aims to provide subject persons with important tax related ML/FT indicators that are found on goAML that are to be used when reporting serious and complex tax crimes. Furthermore a list of commonly used...
5 January 2022
Waiver of VAT and duty on import of medical and protective equipment extended again
The waiver currently in place (see MIT News 21 April 2021) on the VAT and duty on the importation of medical and protective equipment used in the fight against COVID-19 has been extended to 30 June 2022, further to the Commission decision of 22 December...
22 December 2021
Guidelines on the Income Tax and Stamp Duty Benefits on Certain Property Transfers
Further to the publication of LN 461 of 2021 (see MIT news 28 November 2021), the Office of the CfR has published guidelines on the Income Tax and Stamp Duty Benefits on Certain Property Transfers announced in the Budget for 2022. The guidelines can be downloaded...
29 November 2021
Tax and duty exemption on transfers of older, vacant properties
Further to the announcement in the Budget for 2022 of the introduction of a tax exemption on first €750,000 on transfers of certain property (property constructed over 20 years ago which has been vacant for 7 years, property in an UCA or property with traditional...
28 November 2021
Rates of excise duty revised
LN 429 of 2021 published on 9 November 2021 has revised the rates of excise duty of unleaded petrol and 'Gas Oil' as defined....
10 November 2021
2022 version of the Combined Nomenclature
The European Commission has published the 2022 version of the Combined Nomenclature (CN codes), which reflects the latest version of the Harmonised System (HS). The Combined Nomenclature inter alia determines which rate of customs duty applies on the importation of goods. source: ec.europe.eu...
1 November 2021