People count more than numbers

Automatic Exchange of Information

‘Automatic Exchange of Information (“AEOI”) is a relatively recent component of international cooperation in tax matters. Ireland fully supports the global move towards AEOI and is actively involved in progressing AEOI within the EU, the OECD, and on a bilateral basis.’ – Revenue.ie The Foreign Account Tax Compliance Act (FATCA) In December 2012, Ireland concluded […]

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FMB 12th place in Top 1000 Auditors

FMB Chartered Accountants has been ranked 12th place in the Irish Times Top 1000 Auditors list.  Compiled by the Irish Times journalists, Top 1000 Audit Watch offers a comprehensive market analysis including audit firm, audit fees and non-audit fees.  As their Audit Methodology states, Top 1000 Audit Watch is the first survey of its kind, […]

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iXBRL filing

Phasing in of mandatory iXBRL filing for corporation tax: a brief summary Since November 2012, those obliged to file corporation tax and income tax returns have had the option to file financial statements in iXBRL format via ROS (Revenue On-line Service). iXBRL (or inline eXtensible Business Reporting Language) is a language that allows financial information […]

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Revenue Publishes 2013 Annual Report

In their 2013 Annual Report, Revenue claim that the introduction of Local Property Tax (LPT) was a major administrative challenge for them during 2013. The end result was “exceptional” compliance rates were achieved in the first year of LPT according to Revenue. The annual report confirms that more taxpayers are using Revenue’s electronic services to […]

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