Revenue has updated its guidance on income tax credits and reliefs relating to older persons and the single person child carer credit with additional clarifications, updated examples and removal of obsolete details.
The updates to the guidance on income tax credits and reliefs relating to older persons include the following:
- The age tax credit examples have been updated in paragraph 1.1,
- Paragraph 2.3 has been updated to provide expanded guidance on the taxation of Department of Social Protection pensions, and
- In paragraph 2.7 further clarification on the PRSI position of people who had already reached age 66 by 1 January 2024 has been provided.
The guidance on the single person child credit has been updated as follows:
- Paragraph one has been amended to remove a reference to One Parent Family Tax Credit which has not been available since 2013 and the table has been updated to include the increased value of the credit for 2025 and 2026,
- References to the year 2026 have replaced references to earlier tax years,
- Guidance on relinquishing a claim has been updated in paragraph five,
- References to entering a civil partnership have been removed, and
- Various minor corrections and rewordings have been made to the manual.
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