Revenue eBrief No. 15/17

15 February 2017

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

Tax & Duty Manual Part 34-00-09 in relation to Foreign Earnings Deduction (FED) has been updated to reflect changes made by section 11 of Finance Act 2016. Under these changes,

  • FED has been extended to include the years 2018, 2019 and 2020,
  • Columbia and Pakistan have been added to the list of qualifying states, and
  • the number of qualifying days has been reduced from 40 to 30.