A. The Earned Income Tax Credit was introduced from 01 January 2016 and can be claimed by any person who has income from self-employment.
The tax credit is worth €550 for the 2016 tax year and €950 for 2017.
You should note, however, that if you are also entitled to claim the Employee (PAYE) Tax Credit for 2016 then the maximum tax relief that you can claim between the two credits is €1,650.
This credit cannot be transferred to your spouse or civil partner
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