Tax Credits – Tuition Fees and Training Courses
Tax relief at 20% is available for third level tuition fees that you have paid for.
The maximum amount on which tax relief can be claimed is €7,000 subject to an amount being disregarded as follows –
– For the years 2018 and 2019 no relief will be allowed for the first €3,000 of fees paid for full time courses or the first €1,500 for part time courses.
These amounts are deducted from the total of the claims for the year in question e.g. the same deduction applies if the claim is for one person or two or more persons.
TAX SAVING TIP
This claim is often overlooked by parents who are paying fees for children attending private colleges. It is not too late to make a claim for the last four tax years if not already done so.
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