Menu

Ireland's sailing, boating & maritime magazine

Displaying items by tag: Special Tax Credit

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. 

For more RTE News reports here. 

Published in Navy

About Match Racing

A match race is a race between two competitors, going head-to-head.

In yacht racing, it is differentiated from a fleet race, which almost always involves three or more competitors competing against each other, and team racing where teams consisting of 2, 3 or 4 boats compete together in a team race, with their results being combined.

A match race consists of two identical boats racing against each other. With effective boat handling and clever use of wind and currents, a trailing boat can escape the grasp of the leader and pass. The leader uses blocking techniques to hold the other boat back. This one-on-one duel is a game of strategy and tactics.

About the World Match Racing Tour

Founded in 2000, the World Match Racing Tour (WMRT) promotes the sport of match racing around the world and is the longest running global professional series in the sport of sailing. The WMRT is awarded ‘Special Event’ status by the sport’s world governing body – World Sailing – and the winner of the WMRT each year is crowned World Sailing Match Racing World Champion. Previous champions include Sir Ben Ainslie (GBR), Taylor Canfield (USA), Peter Gilmour (AUS), Magnus Holmberg (SWE), Peter Holmberg (ISV), Adam Minoprio (NZL), Torvar Mirsky (AUS), Bertrand Pace (FRA), Jesper Radich (DEN), Phil Robertson (NZL) and Ian Williams (GBR). Since 2000, the World Match Racing Tour and its events have awarded over USD23million in prize money to sailors which has helped to contribute to the career pathway of many of today’s professional sailors