Exemption of Certain Income From the Lease of Farmland

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Section 664 of the Taxes Consolidation Act 1997 provides for a relief to be applied where farmland is let under a qualifying lease, by a qualifying lessor to a qualifying lessee.

 

 

Farmland:

The farmland must be in the State, and land used wholly or mainly for the purposes of husbandry.

 

Qualifying Lease:

A qualifying lease must be in writing, or evidenced in writing.  If the lease is ...

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Home Carer Tax Credit – Budget 2018

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The Home Carer Tax Credit was increased in Budget 2018 to €1200, up from €1100 in 2017 and €1000 in 2016.

The Home Carer Tax Credit may be available to married couples /  civil partners, where one spouse cares for one or more dependent persons.

A dependent person is:

  • a child for whom Child Benefit is payable;
  • a person aged 65 years or older; or
  • a ...
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