At a glance
Published 25/11/2010 | 05:00
Tax reliefs to be abolished: l Tax exemption on patent royalties.
•Benefit-in-kind exemption on employer-provided childcare where an employer provides financial support.
•Approved Share Option Schemes that offered all employees and full-time company directors tax incentives to buy shares in their company.
•Income tax relief for trade union subscriptions .
Tax reliefs to be restricted:
•PRSI, Health and Income levy charge on approved Profit Sharing Schemes.
•PRSI, Health and Income levy charge on Save-As-You-Earn Schemes.
•PRSI, Health and Income levy charge for unapproved Share Option Schemes.
•PRSI, Health Levy charge for share awards.
•Artist tax exemption to be restricted to €40,000.
•Ex-gratia termination and pension sum lump sum payments over €200,000 to be taxed.