If you are aged between 16 and 66, you can claim Income Protection Tax Relief. There are 5 steps to follow for this, but it’s worth it! Here is an overview of the process:
You can claim
Income Protection Tax Relief as long as you meet the following criteria:
You can claim Income Protection Tax Relief as long as you meet the following criteria:
You must be resident in Ireland for the tax year.
The contract must not extend beyond 10 years.
The money you get from the contract cannot exceed €30,000 per year.
Your policy must be bought from an Insurance company or a Credit Union.
In order to receive Income Protection Tax Relief, your policy must be bought from an Insurance Company or a Credit Union.