Tax relief is available at the standard rate for fees paid, subject to certain limits, for approved courses undertaken by a taxpayer or his/ her dependents in approved colleges.
The courses must be fulltime undergraduate courses of at least two years duration. Tax relief is also available for certain distance learning courses and to students (who have not already obtained a third level qualification and who pay their own fees) pursuing approved part time undergraduate courses of at least two years duration in publicly funded third level institutions or in private colleges.
Relief is also available for fees paid in respect of certain full or part time post graduate courses in publicly funded colleges here and the EU and also in Irish private colleges.
Training Courses Tax relief at the standard rate may be claimed for tuition fees in respect of approved training course in the area of information technology and foreign languages.
If you require more information please consult your tax advisor or email us at tax@fixmytax.com. |