Section 472B of the Taxes Consolidation Act 1997 provides for the Seafarers' Allowance which is intended to support those working in the commercial maritime sector.
I am advised by Revenue, that the estimated cost and number of claimants for the allowance for seafarers, for the years 2004-2021, are included in the ‘Cost of Tax Expenditures’ publication which is available on the Revenue website at www.revenue.ie/en/corporate/information-about-revenue/statistics/tax-expenditures/costs-expenditures.aspx.
The below table sets out the figures in respect of the 2021 year of assessment, the latest year for which fully analysed data are available.
I am further advised that figures for 2022 will become available in the coming months, once returns for that year have been fully processed and analysed.
Year
|
Cost (€m)
|
Number of claimants
|
2021
|
0.4
|
180
|