TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

FA 20 changes: Dependent relative tax credit

The Tax and Duty Manual Part 15-01-27 – Dependent Relative Tax Credit – has been updated to reflect Finance Act 2020 changes. Other updates clarify who is not a dependent relative and how to apply for the credit. Amendments in Finance Act 2020 increased the credit from €70 to €245 for the 2021 year of assessment and subsequent years. See eBrief No. 057/21 for further details.