Deduction (Income from Employment) (Amendment) Rules, 2020

L.N. 22 of 2020

INCOME TAX ACT

(CAP. 123)

Deduction (Income from Employment) (Amendment) Rules, 2020

IN EXERCISE of the powers conferred by articles 14(2) and 96

of the Income Tax Act, the Minister for Finance has made the

following rules:-

(1) The title of these rules is the Deduction (Income from

Employment) (Amendment) Rules, 2020 and these rules shall be read

and construed as one with the Deduction (Income from Employment)

Rules, hereinafter referred to as "the principal rules".

(2) These rules shall come into force with effect from the year

of assessment 2021.

In paragraph (a) of rule 2 of the principal rules, the words

"does not exceed nine thousand seven hundred euro (€9,700)" shall be

substituted by the words "does not exceed nine thousand eight hundred

and forty euro (€9,840)".

€0.09