Start your own business tax relief
Start your own business tax relief:
Start Your Own Business is an income tax exemption that provides a relief from tax up to a maximum of €40,000 per annum for a period of two years.
This special relief is only available to individuals who start up a new business during the period from 25’th October 2013 to 31st December 2016.
Prior to starting up in business you must have been unemployed for at least 12 months and in receipt of Social Welfare benefits.
The exemption does not cover PRSI or USC payments.
Any queries on same give us a call on 091 763817 or email oliver@taxreturnhelp.ie