High Wealth & Financial Services Division (HW&FSD) Branch
“Welcome to the High Wealth & Financial Services Division Branch. I am Kieran Twomey of PwC Private. To be able to competently advise high net worth individuals and clients in the financial services sector, it is imperative that a tax practitioner is up-to-date on what sectors and aspects of tax compliance Revenue are focussing on. Good relationships with Revenue staff are also crucial. The branch provides both these aspects to members”
High Wealth & Financial Services Division
Revenue’s Large Cases – High Wealth Individuals Division (LC- HWID) was formed in June 2018. The division is responsible for the management and development of service, compliance and audit functions relating to high wealth individuals in the State and to challenge tax avoidance transactions, using the General Anti-Avoidance Rule and other measures. The division is also responsible for service delivery and tax compliance in respect of certain types of pension schemes. In 2024, the Division was expanded to includes the Financial Services Branches which previously operated within Large Corporates Division. As a result, the Division is now titled the High Wealth and Financial Services Division (HW&FSD).
Your Local Network
Institute branch representatives engage with local Revenue on day-to-day issues that members experience when interacting with LC-HWID and on the developments in the division’s activities.
Latest Developments
A meeting between Institute branch representatives and Revenue HW&FSD staff was held in July 2024. The meeting focused on important issues for members including:
- The case base, approach to interventions and areas of focus
- Activities led by the National Anti-Avoidance Branches
- Revenue’s Pensions Branch activities
- Practitioner feedback on information requests from Revenue during the peak compliance season
2024
Read a Summary Note of the July 2024 meeting
View a list of the senior management team
2023
Read a summary note of the November 2023 meeting
2022
Read a summary note of the October 2022 meeting
View a list of the senior management team
2021
Read a summary note of the September 2021 meeting
View the main sectors for HWI cases as allocated to each HWI Branch in 2021
View an organisational chart of the senior management team
2020
Read a summary note of the September 2020 meeting
View an organisational chart of the senior management team
2019
Share Your Feedback
Feedback from members is invaluable in assisting our representations to Revenue and keeping members informed of developments.
To share your feedback on matters relating to LC-HWID you can contact us:
Samantha Feely-Lenehan
Senior Manager Member Services
Tel: 01 6631707
Email: sfeely@taxinstitute.ie
Mary Healy
Senior Representations Manager
Tel: 01 6631743
Email: mhealy@taxinstitute.ie