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Advisory Business in Ireland & the UK Corporate Tax
US Tariffs – a status update
President Trump announced on 6 March 2025 that the US were continuing to review possible ‘Reciprocal Tariffs’ with an implantation date of 2 April 2025. At time of writing, the scope and impacted countries in unknown but we expect this to include the EU as the US President has made it clear that he considers there is an imbalance in trade between the US and EU.
Andrew Thurston Mar 11, 2025
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Advisory
Insights on IDA Ireland’s New Five-Year Strategy: Aiming for Sustainable Growth Amid Uncertainty
IDA Ireland's recently launched five-year strategy, ‘Adapt Intelligently: A Strategy for Sustainable Growth and Innovation’, presents an ambitious goal of creating 75,000 new jobs through new investment projects.
Mar 4, 2025
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Advisory Business in Ireland & the UK Sustainability & ESG Corporate Tax
EU announces major CBAM simplifications: Reduced compliance burden for SMEs
On the 26th February, the EU Commission announced its ‘Omnibus’ package, confirming the simplifications to the Carbon Border Adjustment Mechanism (CBAM). The proposal document and supporting ‘Commission Staff Working Document’ (SWD) were released the following day, outlining amendments to CBAM Regulation 2023/956.
Andrew Thurston Mar 3, 2025
16 ME
External Audit Sustainability & ESG
Statement response in regard to the EU Announcements on EU Green Deal
The European Commission has today proposed legislation that will pull 80% of potential companies out of mandatory sustainability reporting requirements. A number of companies in the first wave of adoption have already published their CSRD reports, and are now embedding the principles of the EU Taxonomy in their business.
Brendan Kean Feb 27, 2025
88 AERIAL
Audit and Assurance Sustainability & ESG
The EU’s proposed Omnibus Legislation: What businesses need to know
As part of the European Green Deal, a series of directives were passed by the EU to force businesses to address climate change and report carbon emissions. The goal is to comply with the climate initiatives of the 2015 Paris Agreement, an international treaty signed to hold countries accountable in their commitment to mitigating climate change.
Feb 25, 2025
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Audit and Assurance Sustainability & ESG
Baker Tilly Ireland achieves Sustainable Assurance Service Provider licence
Baker Tilly Ireland achieves Sustainable Assurance Service Provider licence
Feb 17, 2025
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Taxation
United States denounces OECD Global Tax Deal
The White House issued a memorandum on the OECD Global Tax Deal, which stipulates that the Global Tax Deal has no force or effect in the United States.
Feb 7, 2025
Dublin bay
Tax
European Central Bank expected to cut interest rates four more times this year
European Central Bank expected to cut interest rates four more times this year
Professor Joe Nellis Jan 30, 2025
European central bank 2
EUDR: Update on the Due Diligence Statement Process and the EUDR Platform
EUDR: Update on the Due Diligence Statement Process and the EUDR Platform
Andrew Thurston Jan 29, 2025
Trees and road
Key Financial Risks and Challenges for Non-Executive Directors: A Comprehensive Guide
Both Baker Tilly Ireland and its UK counterpart remain committed to supporting INEDs in navigating the challenges and opportunities ahead.
Jan 27, 2025
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Financial Services Corporate Tax
Research & Development: Fuelling innovation in Irish investment funds
Investment funds in Ireland, traditionally focused on financial expertise and market strategy, are increasingly recognising the value of R&D, particularly in IT/software development and mathematics/statistical analysis, to gain a competitive advantage.
Kanika Mishra Pathak Ahmer Khan Jan 21, 2025
Investment 2
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