Covenants that qualify for relief Covenants to certain individuals qualify for tax relief. You can claim relief on covenants to: One or more adults aged 65 or over. The relief you receive is restricted to 5% of your total income. Permanently incapacitated minors. A minor is a person under 18 years of age who is…
Subsistence expenses paid by your employer or company Your employer or company may repay your expenses for your subsistence costs while you are temporarily away from your normal place of work. For absences within the State this payment can be made, tax free, by either: using the current schedule of Civil Service subsistence rates (…
Lump sum payments paid as compensation for change in working practices You may be entitled to a lump sum payment as compensation for changing duties. These payments are included as pay and are taxed normally. There are many reasons why compensation payments are made. Examples of these are: where working practices change such as the…
