Country Money

What is Country money ?

Employees in some sectors, such as the construction industry, are often required to travel to work at different sites.

Expenses of travel and subsistence may be paid tax free to a site-based employee, up to the ‘country money’ rates below.

This allowance is only available where the employee is working at a site that is 32km (20 miles) or more from the employer’s base. If the employee is Dublin based, the allowance only applies if they are working 32km or more from the General Post Office (GPO).

Country Money Rates

a) €181.68 per week for more than four days

b)  €36.34 per day for four days or less

Exclusions

Expenses may not be paid tax free where the employee is:

a) provided with transport to and from the site by the employer

b) provided with board and lodgings by the employer

c) recruited to work at one site only, also known as ‘jobbed on site’.

Records relating to the payment of country money should be held by the employer for six years.

Proper records have to be maintained in event of a revenue audit

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