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

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Deduction for income earned in certain foreign states (Foreign Earnings Deduction)

Revenue has updated their Tax and Duty Manual Part 34-00-09 – Deduction for income earned in certain foreign states (Foreign Earnings Deduction) – to reflect the Finance Act 2019 extension of the relief until the tax year 2022. Updated examples are also provided. The relief is provided for in section 823A Taxes Consolidation Act 1997. You can see the amendments made to the relief by selecting the Change History option and the relevant Finance Act on TaxSource.