The Stay and Spend tax credit is an income tax credit, equal to the lesser of 20 per cent of the expenditure on accommodation, food, and non-alcoholic drink and €125 or €250 in the case of a jointly assessed couple. This is the maximum tax credit that may be claimed cumulatively over 2020 and 2021. The period during which qualifying expenditure may be incurred runs from 1 October 2020 to 30 April 2021, although the Minister for Finance may extend the qualifying period up to 31 December 2021. The tax credit may be set against a claimant’s USC liability if he/she can’t fully absorb the tax credit against income tax. The service provider must register with Revenue by electronic means and the claimant must claim the credit by electronic means also.