Oireachtas Joint and Select Committees

Wednesday, 9 November 2016

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance Bill 2016: Committee Stage

10:00 am

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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A percentage limit applies. The relief applies to 40% rather than 100% of prize money. In addition, PRSI and USC are generally chargeable on the income before the relief is granted.