Section 196B Employees of certain agencies: foreign service allowances
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Amendments
Section 196B inserted by Finance Act 2007 section 8(1) from 1 January 2007.
(1)(a) In this section "emoluments" means emoluments to which section 985A applies.
(b) The agencies to which this section applies are as follows:
(i) Enterprise Ireland;
(ii) An Bord Bia;
(iii) Tourism Ireland Ltd;
(iv) The Industrial Development Agency (Ireland).
Which State agencies are covered by special provisions relating to their foreign service allowances?
(1) This section deals with emoluments payable to employees of Enterprise Ireland, An Bord Bia, Tourism Ireland Ltd, and the Industrial Development Agency (Ireland). These employees are frequently required, by virtue of their employment, to spend sig...
(2) Where any allowance to, or emoluments of, employees of the agencies to which this section applies are certified by the Minister for Finance, having consulted with the Minister for Foreign Affairs, or with such Minister of the Government as the Minister for Finance considers appropriate in the circumstances, to represent compensation for the extra cost of having to live outside the State in order to perform his or her duties, that allowance, or those emoluments, shall be disregarded as income for the purposes of the Income Tax Acts.
Are special allowances paid to me as a State agency employee taxable?
(2) Technically, in the absence of specific legislation, any additional allowance payable to you as such an employee to compensate for the cost of living/working abroad (e.g., accommodation expenses) is taxable as a benefit in kind....
