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Publication of corporation tax (Northern Ireland) bill heralded by Chartered Accountants Ireland

13 January 2015   (0 Comments)
Posted by: Author: Chartered Accountants Ireland
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Author: Chartered Accountants Ireland

Following on from the announcement in last month’s Autumn Statement that the current government recognises the strongly held arguments for devolving corporation tax rate-setting powers to NI and the goal of rebalancing the NI economy, the Secretary of State for Northern Ireland last week announced the publication of the above Bill. 

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Section 240A of the Tax Administration Act, 2011 (as amended) requires that all tax practitioners register with a recognized controlling body before 1 July 2013. It is a criminal offense to not register with both a recognized controlling body and SARS.

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