Exemption from BIK to members of the Permanent Defence Force

Mar 25, 2019

Revenue created a new Tax and Duty Manual Benefit in Kind - Certain Benefits for Members of the Permanent Defence Force to reflect the introduction of Section 120B TCA 1997 by Finance Act 2018.

Section 120B TCA 1997 provides for an exemption from BIK to members of the Permanent Defence Force for certain accommodation and health care expenses, for 2018 and subsequent years.