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Tax Returns - Oliver Niland Chartered Accountant & Tax Specialist - Galway Ireland

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Starting a new business - Start your own business - Oliver Niland Chartered Accountant  & Tax Specialist Galway Ireland

What is exempt from income tax ?

What is exempt from income tax ?

What is exempt from income tax ?

The following income is exempt from income tax, subject to conditions:

  • Incomes below €18,000/€36,000 for persons and couples over 65 years old
  • Income derived from certain leasing of farm land
  • Certain earnings of writers, composers and artists
  • Interest on Savings Certificates, Savings Bonds and Instalments Savings Schemes, subject to certain upper limits on holdings
  • The discount on certain non-interest-bearing Government securities, and the premium on certain others
  • Investment income arising from the investment of compensation payments made by the Courts, or under an out-of-court settlement, in respect of personal injury claims where the individual is permanently and totally incapacitated from maintaining himself/herself as a result of the injury.

Any queries on same give me call on 091 763817 or email me at oliver@taxreturnhelp.ie

 

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