Pensions (Tax Exemption) (Amendment) Rules, 2024

L.N. 5 of 2024

INCOME TAX ACT

(CAP. 123)

Pensions (Tax Exemption) (Amendment) Rules, 2024

IN EXERCISE of the powers conferred by article 96 of the

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

following rules:-

(1) The title of these rules is the Pensions (Tax

Exemption) (Amendment) Rules, 2024 and these rules shall be read

and construed as one with the Pensions (Tax Exemption) Rules,

hereinafter referred to as the "principal rules".

(2) These rules shall be deemed to have come into force on 1st

January 2024.

The second column of the table in rule 3 of the principal

rules shall be amended as follows

(a) in the third row thereof, the words "eight thousand,

nine hundred and eighty-one euro (€8,981)" shall be substituted

by the words "nine thousand, seven hundred and thirty-two euro

(€9,732)";

(b) in the fourth row thereof, the words "eleven thousand,

nine hundred and seventy-four euro (€11,974)" shall be

substituted by the words "twelve thousand, nine hundred and

seventy-six euro (€12,976)"; and

(c) in the fifth row thereof, the words "fourteen thousand,

nine hundred and sixty-eight euro (€14,968)" shall be substituted

by the words "sixteen thousand, two hundred and twenty euro

(€16,220)".

€0.09