Start-up Capital Incentive (SCI) SCI is designed to assist start-up companies raise equity or share financing. It is a tax relief available to family members of existing shareholders. The conditions to avail of relief under SCI are: the company must be carrying on a brand new venture none of the shareholders can carry on a…
Carer for incapacitated person – tax relief You may claim an allowance for a carer employed to care for an incapacitated relative. The allowance is given for the lower of a) amount incurred in employing the carer b) or €75,000 For example You employ a carer for your spouse who suffers from Dementia Your income…
Leasing farm land – Tax Relief You may claim Income Tax (IT) relief on certain income that you earn from the long-term leasing of your farm land. Your farm land must be in Ireland and the tax relief cannot operate to create a loss. You cannot lease your land to a close relative. You should use the Revenue…
