Wealthiest claim almost €250m in tax breaks

Wealthiest claim almost €250m in tax breaks

Some 1,400 individuals avail of 54 tax exemptions to reduce their Revenue bills for 2013

Tax breaks worth close to €250 million were claimed by some of the country’s wealthiest individuals, new figures from the Revenue Commissioners reveal.

Some of the 400 highest earners in the country made use of 54 tax reliefs and exemptions to reduce their tax bill in 2013, the figures published last week show. The reliefs used included incentives for investing in property, hotels, hospitals, nursing homes, sports clinics, the film industry, interest relief on loans...

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