December 2020

Stay & Spend Scheme

Aimed at consumers, the scheme will provide a maximum of €125 in income tax credits to tax-payers who spend up to €625 in restaurants, pubs, hotels, B&Bs and other qualifying businesses, from 1st October 2020 to 30th April 2021, including over the Christmas period. It is available to 2.7 million Irish consumers and will see taxpayers earn a tax credit equal to 20% of qualifying expenditure on accommodation, food and non-alcoholic drinks up to a maximum credit of €125.

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