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Taxes Consolidation Act, 1997 (Number 39 of 1997)

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472BB Sea-going naval personnel credit.

(1) In this section—

day at sea” means a cumulative period of 8 hours within any 24-hour period on patrol at sea on board a naval vessel;

naval vessel” means a naval patrol vessel owned by the Minister for Defence;

qualifying individual” means a permanent member of the Irish Naval Service who has spent at least 80 days at sea in a relevant period performing the duties of his or her employment;

relevant period” , in relation to a year of assessment, means the immediately preceding year of assessment.

(2) Where for the year of assessment 2020 an individual is a qualifying individual—

(a) he or she shall be entitled to a tax credit (to be known as the “sea- going naval personnel credit” ) of €1,270, and

(b) relief shall not be given under section 472B or 472BA in respect of that year.

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(3) Where for the year of assessment [3]>2021<[3][5]>[3]>2021 or 2022<[3]<[5][5]>2021, 2022 [6]>or 2023<[6][6]>, 2023 or 2024<[6]<[5] an individual is a qualifying individual—

(a) he or she shall be entitled to a sea-going naval personnel [4]>credit of €1,500<[4][4]>credit of €1,500 in relation to that year of assessment<[4], and

(b) relief shall not be given under section 472B or 472BA in respect of that year.

<[2]

<[1]

[1]

[+]

Inserted by FA19 s5(1)(b). Applies for the year of assessment 2020.

[2]

[+]

Inserted by FA20 s10. Comes into operation on 1 January 2021.

[3]

[-] [+]

Substituted by FA21 s10(a). Comes into operation on 1 January 2022.

[4]

[-] [+]

Substituted by FA21 s10(b). Comes into operation on 1 January 2022.

[5]

[-] [+]

Substituted by FA22 s11. Comes into operation on 1 January 2023.

[6]

[-] [+]

Substituted by F(No.2)A23 s10. Comes into operation on 1 January 2024.