Guidance from Revenue for Harp & Pipemakers in Republic of Ireland
Na Píobairí Uilleann wanted to pass on information relating to the new tax exemption measure introduced in the Finacnce Act 2022, aimed at harp and pipemakers based in the republic of Ireland. Section 216F of the Taxes Consolidation Act 1997 provides for an exemption of up to €20,000 from income tax for certain profits from the production, maintenance and repair of certain musical instruments. The exemption is available to individuals who are chargeable to income tax in respect of profits arising from the production, maintenance and repair of the following: early Irish harps, Irish lever harps, and uilleann pipes.
Revenue has published a new Tax and Duty Manual with guidance. This is available at revenue.ie here.
It is important to note, this manual is published by Revenue. The information in this document is provided as a guide only and is not professional advice, including legal advice. It should not be assumed that the guidance is comprehensive or that it provides a definitive answer in every case.
