Tax relief must be reinstated
by Bernard Harbor
IMPACT already has one eye on Budget 2019 as it launches its renewed campaign for the reinstatement of tax relief on trade union subscriptions in the New Year. The union fought hard for the introduction of the relief, which was finally conceded by the Government in 2001. But the benefit, worth €70 a year to every trade union member, was abolished ten years later.
The union has produced a document setting out the case for reinstatement of the relief. It points out that businesses can claim tax relief on fees for membership of employer bodies like IBEC and ISME. Similar reliefs for fees paid to professional bodies are available to the self-employed. But the old trade union tax relief is still being withheld.
Tax relief on union subs is available in many countries including Germany, Belgium, Holland, Norway, Canada and Australia.
Read our document HERE
|