Relief on Retirement for Sportspersons

Tax Manual 15.01.36 has been updated to incorporate the changes to the relief available to certain retiring sportspersons introduced by Finance (No 2) Act 2013 and applying to retirements on or after 1 January 2014.

A retiring sportsperson who is resident in the State, an EEA state or an EFTA state in the year of retirement qualifies for relief and the relief may now be claimed in respect of any 10 years of assessment in the period comprising the year of retirement and the preceding 14 years of assessment.

20 December 2013