Earned Income Tax Credit, 24 February 2020

Feb 24, 2020

 

Revenue have updated their Tax and Duty Manual Part 15-01-44 - Earned Income Tax Credit to reflect the increase in the credit for 2020 and subsequent years.  The credit increased by €150 to €1,500 for 2020 and is provided for by section 472AB Taxes Consolidation Act 1997.  TaxSource and TaxSource Total, Chartered Accountants Ireland online resources will be updated shortly to include the amendments made by Finance Act 2019 and up to date Revenue guidance and eBriefs.