TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

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New UK points-based immigration system announced

The UK Government has released a new points-based immigration system which will regulate the flow of workers into the UK and replace existing rules from 1 January 2021, when the country will no longer be subject to European Union regulations.

Released in February, the new points-based immigration system will award points for specific skills, professions, salaries or qualifications/attributes, and visas will be awarded to those who gain sufficient points. The UK Government has also said that the new system will not include a visa option for low-skilled migrant workers, but that it will make it easier for higher-skilled workers to get UK visas. Their released Policy Statement says that “employers will need to adjust” to this change, and the overall aim is to end free movement within the EU and introduce an Immigration Bill to implement the points-based system. The Policy Statement also outlines the salary threshold for skilled migrants, which will be lowered from £30,000 to £25,600 for those coming to the UK with a job offer.

The announcement of the system was accompanied by warnings from various advisory groups on the adverse effects it was likely to have on the economy, particularly on sectors such as care, construction and hospitality. UK Prime Minister Boris Johnson has also said the Common Travel Area between the UK and Ireland will not be affected post-Brexit.