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Tax Relief Available for Courses in IBaT |
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Tax Relief is available at the standard rate of tax on tuition fees paid for full-time and evening courses, of at least 2 years duration and applies to fees up to €5,000. The relief can be claimed either on the individual’s tax return at the end of the tax year or during the tax year when the fees have been paid.
Details of any payment made towards the fees, received or to be received, must accompany the claim. These include grants, scholarships, payment by an employer and any other payments in respect of relevant fees. All registered students will receive a receipt from the Registrars office for the purpose of making a tax claim.
In order to claim, a person must submit a written claim to his/her local Revenue Office and include a receipt from IBaT showing
- Amount of Tuition Fees
- Name and address of individual who paid tuition fees
- Name and address of student
- Course of study and duration
- Confirmation that the college is privately funded in Ireland
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