It has been a long summer, especially without a proper holiday, so why not take advantage of the ‘Stay & Spend’ scheme in Ireland.
With everything going on, the government has given Irish people an incentive to have a staycation and support the Irish economy. We have been encouraged to enjoy a holiday in our beautiful country in the new ‘Stay & Spend’ tax rebate scheme.
So what is this scheme and how can you take advantage of it?
To encourage the Irish to stay here and spend money, the government have introduced a tax rebate for money spent on accommodation and food here.
From the 1st of October 2020 to the 30th of April 2021 you can claim tax back on money spent.
You don’t have to travel across the country to avail of the benefits of this scheme. All you have to do is spend a minimum of €25 in one transaction. After that you must submit all the receipts to Revenue and you can get 20% tax credit back.
You can spend as much as you want however the maximum worth of receipts is €625 per person. The maximum amount of money you will get back is €125 per person and max €250 for a couple.
NOT Included:
For a full list of who is taking part in the ‘Stay to Spend’ scheme check out Revenue’s list.
You first have to submit your receipts using the Revenue Receipts App or on their website. Then you must submit the income tax return and make your claim.
So why not take advantage of the ‘Stay & Spend’ scheme! Check out Revenue’s step by step guide of how to claim here.
More information is available from Citizen’s Information and Revenue’s website.
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