Finance Act 2020

Amendment of section 472BB of Principal Act (sea-going naval personnel credit)

10. Section 472BB of the Principal Act is amended by inserting the following subsection after subsection (2):

“(3) Where for the year of assessment 2021 an individual is a qualifying individual—

(a) he or she shall be entitled to a sea-going naval personnel credit of €1,500, and

(b) relief shall not be given under section 472B or 472BA in respect of that year.”.