Start Your Own Business. This Budget 2014 initiative provides for relief from Income Tax for long term unemployed individuals who start a new business. The scheme provides an exemption from Income Tax (up to a maximum of €40,000 per annum) for a period of two years to individuals who set up a qualifying business, having been unemployed for a period of at least 12 months prior to starting their business.
Appears in 4 contracts
Samples: Partnership Agreement, Partnership Agreement, Partnership Agreement