Displaying items by tag: Special Tax Credit
19th November 2019
Tax Credit to Be Introduced By Government for Sea-Going Naval Personnel
A special tax credit by the Government is to introduced for sea-going naval personnel from next year.
Serving members of the Naval Service, who spend at least 80 days at sea, will be eligible for the credit worth €1,270 per annum.
It will be introduced into the Dáil by way of an amendment to the Finance Bill tomorrow.
The challenges facing the Defence Forces over pay, conditions, recruitment and retention have been getting increased attention over the past year.
Minister for Defence Paul Kehoe said the introduction of a special tax credit for sea-going naval personnel is a step towards addressing those challenges.
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