Proposed changes to Special Assignee Relief Programme (SARP)

Nov 12, 2018

The Minister for Finance and Public Expenditure and Reform, Paschal Donohoe, announced last week that he proposes to bring forward amendments to the operation of the SARP at the Report Stage of Finance Bill 2018.

The changes proposed include placing a €1m ceiling on eligible income for SARP recipients.  This change would be effective for new entrants to the programme from 1 January 2019 and for existing beneficiaries of the programme from 1 January 2020.  The proposed changes follow a report prepared by Revenue which notes a large increase in the cost of SARP to over €18 million in 2016 (an increase from €9.5 million in 2015).

The Report Stage of the Bill is scheduled to take place on 20 and 21 November.