Taxes Consolidation Act 1997 section 216F

Exemption of certain profits arising from production, maintenance and repair of certain musical instruments

Section 216F exempts from income tax profits earned from making, maintaining, or repairing early Irish harps, Irish lever harps, and uilleann pipes.

• Profits of up to €20,000 per year from the production, maintenance, or repair of early Irish harps, Irish lever harps, and uilleann pipes are exempt from income tax for the years of assessment 2023 to 2028.
• The exemption applies to income tax only — USC and PRSI remain chargeable on these profits in the usual way.
• The relief is available to individuals chargeable to income tax under Schedule D; it is not available to companies.
• The relief is subject to the EU de minimis State aid rules, which cap total State aid at €300,000 over any three-year period.