Income covenanted to an elderly person
Income covenant
You may claim tax relief for money that you have covenanted ( or promised ) for the benefit of an individual who is
(a) aged 65 or over
(b) mentally or physically incapacitated
The covenant must be payable for 6 years or more.
It is subject to additional conditions
Any queries on same give me a call on 091 763817 or email me at oliver@taxreturnhelp.ie