Taxation of payments under Magdalen scheme - guidance

Jul 08, 2019

The tax exemption for payments made to women under the Magdalen scheme from 1 August 2013 was extended to women who were resident in one of the 14 adjoining institutions of the Magdalen Laundries in Finance Act 2018. 

The Act also provided an exemption from tax for any income and/or gains realised from the investment of these compensation payments. Revenue has updated its guidance to reflect these amendments.