News & Updates

Stay informed with the latest from the Finance and Accountancy World

Latest Accountancy News

We keep our clients informed about important developments in accounting, taxation, and business finance. Below are the latest updates from industry leaders and regulatory bodies.

Chartered Accountants Ireland News

We monitor the official Chartered Accountants Ireland RSS feed to bring you the most relevant and authoritative updates on taxation, regulation, and industry developments that affect your business.

Financial Reporting

FRC concludes annual review of FRS 101- 2025/26 cycle

21 May 2026

The Financial Reporting Council (FRC) has concluded its annual review of FRS 101 and has issued 'Amendments to FRS 101 Reduced Disclosure Framework - 2025/26 cycle'FRS 101 sets out an optional reduced disclosure framework that is available for the in…

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Ethics and Governance

Chartered Accountants Ireland Responds to IAASB–IESBA Survey on Future Work Programme

21 May 2026

Chartered Accountants Ireland has recently responded to a joint stakeholder survey by the International Auditing and Assurance Standards Board (IAASB) and the International Ethics Standards Board for Accountants (IESBA) on their proposed strategy and…

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Tax RoI

Five things you need to know about tax, Friday 22 May 2026

20 May 2026

In UK news this week, Mandatory Tax Adviser registration has now commenced, and HMRC has asked us to share an update regarding 2024/25 Self‑Assessment notices to file linked to savings income. In Irish news Revenue has released new guidance on the tr…

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Chartered Accountants Ireland

Chartered Accountants Ireland calls for AI-ready infrastructure and SME supports and rejects “replacement” narrative

20 May 2026

As Chartered Accountants Ireland surpasses 40,000 members, it has today published a new position paper on the future of AI and accountancy. The largest professional body on the island of Ireland is calling on Government to invest in AI-ready infrastr…

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Tax International

European Parliament public hearing on the VAT Reverse Charge Mechanism

18 May 2026

On Tuesday, 2 June 2026, the European Parliament Subcommittee on Tax Matters will host a public hearing to evaluate the impact and future of the Reverse Charge Mechanism in combatting VAT fraud. The subcommittee will also discuss the draft report on…

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Tax RoI

Minutes from TALC BEPS subgroup published

18 May 2026

Revenue has recently published minutes from the meetings on 17 February and 20 March this year of the TALC BEPS - Pillar Two Administration Subgroup. The meetings provide several points of clarification regarding Pillar Two registrations, along with…

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Tax

Cross-border developments and trading corner – 18 May 2026

18 May 2026

In this week's cross-border trading corner, we bring you the latest guidance updates and publications. The most recent Trader Support Service bulletin is also available as is the latest Brexit and Beyond newsletter from the Northern Ireland Assembly…

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Tax RoI

Clawback of Residential Premises Rental Income Relief

18 May 2026

Residential Premises Rental Income Relief (RPRIR), provided for under section 480C(4) TCA 1997, includes a clawback provision whereby relief will be clawed back if, within four years of the first year in which relief is claimed, the landlord ceases t…

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Tax

This week’s miscellaneous updates – 18 May 2026

18 May 2026

In a detailed update this week which you can read more about below, HMRC has asked us to share a message about Self-Assessment (SA) notices to file, linked to savings income, which have been issued to taxpayers who have also received multiple/conflic…

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Tax RoI

Finance Bill 2026 provides for fuel support measures

18 May 2026

Finance Bill 2026 was published last week legislating for fuel support measures announced by the Government in April. The Bill confirms reductions in Mineral Oil Tax rates which will remain in place until 31 July 2026 and an increase in the maximum r…

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