Revenue reduce high wealth threshold

Taxpayers with net assets of greater than €20 million will now be classified as high net worth individuals and will come within the remit of Large Cases High Wealth Individuals Division (LC-HWID) immediately.  The previous threshold was €50 million and the reduction will bring 475 more cases into LC-HWID.   Read Revenue’s report on the case base review which provides detail of the information sources used to identify high wealth individuals.