Tax Exemptions & Reliefs

Relief for the Long Term Unemployed

Tax incentives were introduced to benefit employees and employers. The employee is entitled to two separate allowances, as follows:

Personal Tax
Allowance           Child Tax Allowance
€                         €
Year 1 3,810        1,270 for each qualifying child
Year 2 2,540        850 for each qualifying child
Year 3 1,270        425 for each qualifying child

The definition of a qualifying individual is an individual who have been continuously unemployed for a minimum period of twelve months. The employer is entitled to a double deduction for qualifying employees in respect of:

Emoluments paid to those employees in the first 36 months of employment and
PRSI contributions on those emoluments