Public Consultation for the Review of the Special Assignee Relief Programme (SARP) and the Foreign Earnings Deduction (FED)
Published on
Open for submissions from
Submissions closed
Last updated on
Published on
Open for submissions from
Submissions closed
Last updated on
Consultation is closed
Indecon international economic consultants has been appointed by the Minister of Finance to undertake an independent review of the Special Assignee Relief Programme (SARP) and the Foreign Earnings Deduction (FED).
The overall purpose of the reviews are outlined below.
SARP
To carry out a full examination, and to report on, the Special Assignee Relief programme (SARP) in accordance with the Department of Finance tax expenditure guidelines and taking account of the following considerations:
The appropriateness of the present upper and the lower limit on the quantum of income that should benefit from the tax relief will also be examined having regard to the objectives of the scheme and to principles of tax equity.
In addition, the examination should have regard to similar incentives that exist in other jurisdictions and should incorporate stakeholder consultation.
FED
To carry out a full examination, and to report on, the Foreign Earnings Deduction in accordance with the Department of Finance tax expenditure guidelines and taking account of the following considerations:
Interested parties are invited to provide written responses on any aspects of the terms of reference.
Responses should be submitted by email or post to Indecon at the contact details provided below. A closing date for submissions of 14 July 2019 will be strictly applied and submission received by close of business on this date will be considered as part of the review process.
Individuals or organisations who have already submitted material as part of the recent SME review can submit material already provided to this consultation exercise.
Taxpayers who have utilised the relief are also invited to contribute to a confidential information request which can be accessed by the following links:
There is also an opportunity for advisers who have assisted clients to utilise the relief to contribute via separate links as follows:
These links provide a very important opportunity to contribute directly to the review on key issues which will be considered.
By email:
Brian O’Connell
Divisional Director
Indecon International Economic Consultants
Email: boconnell@indecon.ie
Or by post to:
Indecon International Economic Consultants
Indecon House
4 Fitzwilliam Place
Dublin 2
When responding please indicate whether you are contributing to the consultation process as a professional adviser, representative body, business or member of the public. Please note that extracts from submissions, unless you indicate elements are commercially sensitive, may be included in the Indecon review and submissions are subject to Freedom of Information legislation.