- The Institute is seeking views on e-invoicing and changes to agricultural and business property relief.
- Consultations include promoting e-invoicing across UK businesses and public sector, and reforms to inheritance tax reliefs.
- April 2026 changes involve a new £1 million allowance for property qualifying for 100 percent relief, with a reduced rate of 50 percent after the allowance is exhausted.
- BPR rate will be reduced to 50 percent for certain shares on stock exchanges.
- HMRC has a limited technical consultation on the £1 million allowance for property in trusts, ending 23 April 2025.
- The Institute highlights the negative impact on Northern Ireland businesses and encourages responses to the consultation.
- Views on e-invoicing standardization and adoption are also requested, with the consultation ending 7 May 2025.
- Responses for inheritance tax consultation are due by 11 April 2025, and for e-invoicing by 18 April 2025.
Source: charteredaccountants.ie
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
