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Start your own Business Relief

  1. Overview
  2. Who qualifies for this relief?
  3. Are there any restrictions for your business?
  4. How do you apply for the relief?
  5. How do you calculate the relief?
  6. What happens if you make a loss in the first year?

How do you apply for the relief?

You do not require pre-approval for this scheme. Use Revenue's Online Service (ROS) to claim this relief through your annual Income Tax Return (Form 11).

The Start Your Own Business Relief is for IT only. It is not a relief from Universal Social Charge (USC) and Pay Related Social Insurance (PRSI). USC and PRSI are due on any profits that you earn in the new business.

Next: How do you calculate the relief?

Published: 16 November 2023 Print this page

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