CPDStore Ireland

10:00 - 11:40

Understanding all aspects of Ireland UK Double Tax Agreement 

Speaker: James Bradley - James Bradley & Co.

Course details will be available closer to the event.

12:10 - 13:50

Irish Taxation of Offshore Funds: The Practitioner's Roadmap to Client Compliance & Planning

Speaker: Mairead Hennessy - Taxkey

Offshore fund holdings are increasingly common in client investment portfolios — yet the Irish tax treatment remains one of the most misunderstood areas of tax practice. By equipping yourself with clarity on this topic, delegates can spot compliance risks early, structure pre-move planning effectively, and build deeper advisory relationships with clients holding foreign investments.

This webinar cuts through the complexity of the tax legislation. Delegates will learn how to classify offshore funds, understand why a UK ISA is fully taxable in Ireland and navigate the punitive 8-year deemed disposal rule. For accountants advising returning emigrants, internationally mobile professionals, or DIY investors who've inadvertently purchased non-Irish ETFs, this session equips them with the tools to protect their clients and add genuine value to their practice.

Mairead Hennessy will cover the following topics during this webinar:

• Core Definitions & Classification Framework
What makes an investment an "offshore fund"? What is a "material interest"? The foundational definitions under Section 743 TCA 1997, the decision tree for spotting offshore funds in client portfolios, and why classification drives everything — tax rate, timing of charges, and reporting obligations.

• The Funds Tax Categories & Rate Summary
Learn which funds qualify for each bracket, what "good" and "bad" jurisdictions mean in law, and the critical distinction between equivalent and non-equivalent funds.

• The 8-Year Deemed Disposal Rule & Cash-Flow Planning
The single most distinctive (and disruptive) feature of the offshore funds regime. How it works, why it catches investors off guard, the cost base reset, and practical strategies for managing large deemed disposal liabilities without forcing a real sale. Real-world scenario: a client returning to Ireland after 8 years abroad facing a surprise €57,000 tax bill.

• UK ISAs, Non-Domiciled Investors & Death
ISAs are not tax-free in Ireland. Unpack the remittance basis for non-domiciled residents (what it covers and what it doesn't), the punitive deemed disposal on death, and the s.104 CAT credit planning point that determines who should inherit an offshore fund.

• Compliance, Reporting & Common Pitfalls
Form 11 requirements, record-keeping obligations, and the five most common mistakes practitioners make — from assuming foreign exemptions carry over to Ireland, to forgetting that losses are ring-fenced within equivalent fund holdings, to overlooking the tax charge on death. Includes a practical checklist for client onboarding.

By the end of this session, participants will:

• Classify any offshore fund holding— determining jurisdiction, fund type, and tax treatment immediately.

• Quantify the tax cost of different fund structures and explain to clients why a UK ISA is not tax-free,

• Identify compliance obligations and flag filing deadlines (Form 11, valuations, preliminary tax) before they are missed.

• Spot planning opportunities — pre-move structuring, deemed disposal timing, loss relief strategies, and death-related planning to minimise tax burden.

• Manage the 8-year deemed disposal confidently, including cash-flow planning and the capital gains/CAT credit interaction.

• Advise non-domiciled clients on which foreign investments qualify for remittance basis relief and which do not.

This webinar is designed for practising accountants in Ireland who advise clients on:

• Personal tax returns (Form 11 filers) with overseas investment holdings.

• Cross-border work — returning emigrants, expats, and internationally mobile professionals.

• Investor clients holding ETFs, unit trusts, ISAs, or hedge funds acquired outside Ireland.

• Business owners & executives accumulating investment portfolios while working abroad.

• Practitioners seeking to expand their advisory scope and offer more sophisticated guidance on foreign tax issues without delegating to tax specialists for every query.

Course Level: Foundation