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According to its 2017 Annual Report, Revenue had 6,007 full-time equivalent staff in December 2017. [7] Revenue is based in Dublin Castle and uses a symbol of its gates as its logo, while its staff work in almost all of the 26 counties of the Republic of Ireland. The mission statement of Revenue is "to serve the community by fairly and ...
Financial Regulator (Ireland) (2003–2010) Lithuanian Securities Commission (1992–2011) Financial Services Board (South Africa) (1990–2018) Financial Services Authority (2001–2013) in the United Kingdom; Federal Home Loan Bank Board (1932-1989) and Office of Thrift Supervision (1989–2011) in the United States
Ireland's taxation system is distinctive for its low headline rate of corporation tax at 12.5% (for trading income), which is half the OECD average of 24.9%. [32] While Ireland's corporate tax is only 16% of Total Net Revenues (see above), Ireland's corporate tax system is a central part of Ireland's economic model.
His Majesty's Revenue and Customs (commonly HM Revenue and Customs, or HMRC) [4] [5] is a non-ministerial department of the UK Government responsible for the collection of taxes, the payment of some forms of state support, the administration of other regulatory regimes including the national minimum wage and the issuance of national insurance numbers.
Former Finance Minister, Charlie McCreevy, reduced Irish corporate tax from 32% to 12.5% in the 1999 Finance Act, and whose 1997 Tax and Consolidation Act laid the framework for Ireland's BEPS tax tools. [1] Ireland's Corporate Tax System is a central component of Ireland's economy. In 2016–17, foreign firms paid 80% of Irish corporate tax ...
In the United Kingdom, and formerly in the Republic of Ireland, a P45 is the reference code of a document titled Details of employee leaving work. The term is used in British and Irish slang as a metonym for termination of employment. The equivalent slang term in the United States is "pink slip".
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A P60 End of Year Certificate. In the United Kingdom, a P60 (End of Year Certificate) is a statement issued to taxpayers at the end of a tax year.It is important a taxpayer does not destroy the P60 forms issued to them, as they form a vital part of the proof that tax has been paid.