Steph Wickham

Yeah.

Okay.

Really, really good point.

So the majority of our clients would probably fall into that category.

You know, a lot of people will be taking tax advice before they physically move to Ireland.

And again, we come back to those two concepts, you know, residency and domicile as being the ones we anchor a discussion on.

And I think, you know, for somebody who's born and raised in Ireland, the planning usually centres around the timing of their residency.

You know, when are you going to enter the Irish tax net?

And again, sometimes a misnomer, but you can be physically living in Ireland, but not yet have exceeded the number of days to be considered resident.

So that's an important point.

And perhaps for a lot of people and using the example of what you just said there about the individual who had granddad born in Ireland, we'd be having a conversation with the client about their domicile status.

So what is domicile?

Well, domicile is a legal concept that's enshrined in tax law.

It's essentially a test of where an individual's original permanent home was.

And you're deemed to inherit your domicile from your father, assuming you were born in wedlock.

So, you know, most of our clients will present with a fact pattern that would suggest they're non-domiciled.

That doesn't necessarily change simply because they're coming to live in Ireland.

And their tax profile opens up a lot of opportunity to take advantage of the remittance basis of tax.

So when we were chatting previously, you know, the UK had a scheme like this previously.

Ours was quite close to it.