Tax Rebate (Pensioners) (Amendment) Rules, 2020

L.N. 460 of 2020

INCOME TAX ACT

(CAP. 123)

Tax Rebate (Pensioners) (Amendment) Rules, 2020

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

of the Income Tax Act, the Minister for Finance and Employment has

made the following rules:-

(1) The title of these rules is the Tax Rebate (Pensioners)

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

as one with the Tax Rebate (Pensioners) Rules, hereinafter referred to

as the "principal rules".

(2) These rules shall apply in respect of income earned on or

after the 1 st January 2021.

Rule 3 of the principal rules shall be amended as follows

(a) in the proviso to sub-rule (1) thereof, the words "shall

not exceed €705" shall be substituted by the words "shall not

exceed €744";

(b) in the proviso to sub-rule (2) thereof, the words "shall

not exceed €495" shall be substituted by the words "shall not

exceed €534"; and

(c)

sub-rule (3) thereof shall be amended as follows

(i) in the proviso to paragraph (a) thereof, the

words "shall not exceed €165" shall be substituted by the

words "shall not exceed €204";

(ii) in the proviso to paragraph (b) thereof, the

words "shall not exceed €300" shall be substituted by the

words "shall not exceed €540".

€0.09