192O Exemption in respect of Clinical Placement Allowance

Summary

This section provides an exemption from income tax, USC and PRSI for certain payments made and authorised by or on behalf of the Minister for Health in respect of Clinical Placement Allowances to undergraduate supernumerary nursing and midwifery students.

Details

This section inserts a new section 192O into the Taxes Consolidation Act 1997, with the following provisions:

(1) Subsection (1) provides definitions for the new section:

“qualifying payment” means a payment of a clinical placement allowance by or on behalf of the Minister for Health.

“qualifying student” means a nursing or midwifery student registered with Nursing and Midwifery Board of Ireland, who is undertaking a supernumerary clinical placement as part of a qualifying course.

“qualifying course” means an undergraduate programme in nursing or midwifery, approved by the Nursing and Midwifery Board of Ireland.

(2) Subsection (2) provides for the exemption from PAYE and USC of the clinical placement allowance payment made on or after 1 January 2024.

(3) Subsection (3) provides for the exemption from PAYE and USC of the clinical placement allowance payment made before 1 January 2024.

(4) Subsection (4) provides for the exemption from PRSI of the clinical placement allowance payment.

Relevant Date: Finance Act 2024