The Irish Government have released information on a stay and spend scheme for staycationers in Ireland to enjoy all the wonders we have to offer at a much more affordable price. The staycation scheme is aimed at taxpayers in Ireland who have been unable to holiday this year, and the credit can be claimed as an income tax credit.
The spend at home staycation voucher offers twenty percent tax relief to those who spend between €25 and €625 in one purchase. The purchase must be made by a registered service provider such as Killarney Royal. The staycation tax relief can be claimed on expenses that include accommodation, food, and non-alcoholic beverages.
To apply for the staycation subsidy simply upload a copy of any relevant receipts along with the details of your purchase to Revenue’s new staycation tax back app avail of the staycation scheme. The app has created a simple and easy way to provide proof of expenditure for your stay and spend tax relief. You will receive the tax rebate for your income tax for the period in which you make your claim.