Earned Income Credit The Earned Income Credit is available since 1 January 2016. It is allowed in respect of the pay that you earn. It is a separate credit to the Employee Tax Credit in that it can also be claimed by people who are self-employed. Examples of income that qualifies for the earned income credit includes:…
How to claim a tax and USC refund if you are unemployed Complete a Form P50 and send it to your Revenue office. Your employer will provide Revenue with details of your pay and deductions for the year up to the date you leave. You may need to wait for a number of weeks after you become unemployed…
Leasing farm land You may claim Income Tax (IT) relief on 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 Online Service (ROS) to declare…
