Deduction (Income from Employment) (Amendment) Rules, 2024

L.N. 1 of 2024

INCOME TAX ACT

(CAP. 123)

Deduction (Income from Employment) (Amendment) Rules, 2024

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

of the Income Tax Act, the Minister responsible for finance has made

the following rules:-

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

Employment) (Amendment) Rules, 2024 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 apply with effect from the year of

assessment 2025.

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

"does not exceed ten thousand five hundred and thirty-five euro

(€10,535) per annum" shall be substituted by the words "does not

exceed eleven thousand six hundred and twenty euro (€11,620) per

annum".

In sub-rule (2) of rule 3 of the principal rules the words "a

determined amount of" shall be substituted by the words "an amount

determined by deducting".

€0.09