Revenue eBrief No. 158/20

18 August 2020

Tax and Duty Manuals on temporary loss reliefs for taxpayers (July jobs stimulus measure) updated

Temporary loss relief measures were recently introduced to assist taxpayers adversely affected by the Covid-19 restrictions. Tax and Duty Manual Part 12-03-05 was issued to provide guidance on the operation of the Corporation Tax Loss Relief for companies and Tax and Duty Manual Part 12-01-03 was issued to set out guidance on the Income Tax Loss Relief for self-employed taxpayers. 

These manuals have been updated to include additional guidance for taxpayers on how these reliefs can be claimed.