We are delighted to let you know that Quality Hotel Self-Catering Accommodation is now registered as qualifying business for the Stay and Spend Scheme. This scheme commences on the 1st October and will run until April 30th 2021.
What does this mean? It means that our tax paying customers can avail of a maximum of €125 in income tax credits when they spend up to €625 in our qualifying business – that’s equal to 20% of your expenditure! This amount will be doubled for jointly assessed couples, who can receive a credit up to €250.
Consumers can submit receipts via the newly updated and easy-to-use Revenue Receipts Tracker mobile app. Where a taxpayer has insufficient income tax liability to fully benefit from the measure, they may still avail of the relief against their USC contributions.