JobsPlus Incentive Scheme & Revenue Job Assist

July 27, 2013

Tax Credits & ReliefsComments Off on JobsPlus Incentive Scheme & Revenue Job Assist

JobsPlus Incentive Scheme

This scheme replaced the Revenue Job Assist Scheme (see below) from 1 July 2013.

This is a grant based incentive for employers to employ those who have been unemployed for greater than 12 months and provides 2 types of payments –

1. €7,500 over 2 years to an employer for each person recruited who has been unemployed for more than 12 but less than 24 months
2. €10,000 over 2 years to an employer for each person recruited who has been unemployed for more than 24 months.

Income received by an employer under JobsPlus will be disregarded as revenue/income for corporation tax / income tax purposes.

Revenue Job Assist

This scheme ended on 30 June 2013

This was a special tax deduction for persons who were unemployed for a continuous period of at least 12 months. The allowance was on a tapering basis over 3 years as follows: