View more on these topics

PBR: Irish non-doms to benefit

New measures in the pre-budget report will end discrimination that has prevented Irish people resident in the UK enjoying the same tax relief as other foreign nationals, says Chiltern.

From April next year restrictions in the way the remittance basis of taxation applies to investment income and employment income from the Republic of Ireland will be removed.?
Currently non-domiciled Irish citizens living in the UK have to pay tax on income from Ireland regardless of whether it is remitted into the UK or not.

Chiltern head of direct tax Paula Tallon says this will put Irish nationals living in Britain on the same footing as other foreigners.

She says: “It means they will only be taxed on Irish source income if remitted to the UK. It is about time this inconsistency is removed. It’s great news for Irish people.”


Personal effects

It probably won’t surprise regular readers to discover that I am not a natural friend of the Conservative Party.

Capita signs £270m deal with CIS

Capita has been assigned to deliver business processing services to Co-operative Insurance, part of Co-operative Financial Services today in a 10 year deal worth over £270m. Capita will provide customer services, policy administration, new business, claims activities and the associated technology for around 4.5m policies across CIS’s life and pensions and unit trust operations. Capita […]

Trusts: Easier than you think?

Protection providers often extol the benefits of placing plans in trust. The advantages for clients are widely recognised and numerous – inheritance tax mitigation, avoiding probate delay, controlling claim proceeds, and so the long, familiar list continues. Yet, dismissed as unnecessary form-filling, or simply viewed as irrelevant in the context of a mortgage sale, less […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm