Taxes Consolidation Act 1997 section 223

Small enterprise grants

Section 223 exempts certain small enterprise employment grants paid by Údarás na Gaeltachta and IDA Ireland from tax.

• Employment grants made under specific schemes operated by Údarás na Gaeltachta and IDA Ireland are exempt from tax.
• The Údarás na Gaeltachta grants covered are those under two named Irish-language employment grant schemes for international services enterprises and small manufacturing industries in Gaeltacht areas.
• The IDA Ireland grant covered is the "Scheme Governing the Making of Employment Grants to Small Industrial Undertakings".
• Qualifying grants are completely disregarded for the purposes of the Tax Acts, meaning they do not form part of taxable income.