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Taxes Consolidation Act, 1997 (Number 39 of 1997)

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120A Exemption from benefit-in-kind of certain childcare facilities.

(1) In this section—

childcare service” means any form of child minding service or supervised activity to care for children, whether or not provided on a regular basis;

qualifying premises” means premises which—

(a) are made available solely by the employer,

(b) are made available by the employer jointly with other persons and the employer is wholly or partly responsible for financing and managing the provision of the childcare [2]>service, or<[2][2]>service<[2]

(c) are made available by any other person or persons and the employer is wholly or partly responsible for financing and managing the provision of the childcare service, [2]>or<[2]

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(d) are made available by the employer jointly with other persons or are made available by any other person or persons and the employer is wholly or partly responsible for capital expenditure on the construction or refurbishment of the premises,

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and in respect of which it can be shown that the requirements of Article 9, 10 or 11, as appropriate, of the Child Care (Pre-School Services) Regulations, 1996 (S.I. No. 398 of 1996), have been complied with.

(2) Subsection (1) of section 118 shall not apply to any expense incurred by a body corporate in or in connection with the provision of a childcare service in qualifying premises for a child of a director or employee.

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(3) In the case of a qualifying premises within the meaning of paragraph (d) of the definition of “qualifying premises”, the exemption provided for in subsection (2) shall be limited to the amount expended by the employer on capital expenditure on the construction or refurbishment of the premises.

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(4) This section shall not apply as respects the year of assessment 2011 and each subsequent year of assessment.

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Inserted by FA99 s34.

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Substituted by FA01 s25(a).

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Inserted by FA01 s25(b).

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Inserted by FA01 s25(c).

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Inserted by FA11 s7(1)(b). Deemed to have come into force and takes effect as on and from 1 January 2011.