Deduction (Mature Workers) Rules 2014 (Legal Notice 180 of 2014)
Applicable with effect from Year of Assessment 2015 with respect to employees engaged on or
after 1 January 2014.
Employers (self employed and companies) who provide employment to an individual whose
age is between 45 to 65 years and whose name appears on the unemployment register and has
been on this register for at least 6 months.
Deduction with respect to employment of mature works
The deduction available to eligible employers will be equivalent to Euro 5,800 per annum
against the chargeable income during the first two years of providing employment to the
Mechanism of the Deduction
- The deduction is allowable only if the mature worker remains in employment for two
- The allowable deduction should be calculated pro rata in case of employment of mature
workers which happened during the year;
- In the case where the allowable deduction is not fully set off against taxable income during
the particular year, any unabsorbed deduction may be carried forward to be set off against
the taxable income of subsequent years;
- The deduction will be only allowed where the employer is not benefitting from any other
deduction or tax credit with respect to the said employment
Deduction with respect to training of the mature worker
The deduction available to eligible employers will be equivalent to 50% (up to a maximum of
Euro 400) of the expense incurred in the training of the mature worker will be allowed against
the chargeable income of the employer.