124A Tax treatment of payments made pursuant to an order under section 2B of Employment Permits Act 2003

Summary

This section imposes an income tax charge on any payments made under a court order under Section 2B of the Employment Permits Act 2003. Any payments made under such an order are chargeable to tax under Schedule E and within the PAYE/USC system of tax deduction.

The payments shall not be treated as reckonable emoluments for the purposes of PRSI contributions.

Details

(1) Any payments made under a court order under Section 2B of the Employment Permits Act 2003 are chargeable to tax under Schedule E and within the PAYE system of tax deduction.

Relevant Date: Finance Act 2021