Employers will receive up to a maximum of €11,600 in tax deductions on the chargeable income for the first two years of employment for each eligible employee. This will result in savings of €5,800 per annum.
Moreover, employers who engage eligible employees may benefit from a further tax deduction of 50% of the cost of training up to a maximum of €400 per employee.
- Employers must employ individuals who are 45+ years old;
- Have been on the unemployment register for the preceding 6 consecutive months prior to employment;
- The gap between last registration date and engagement form not exceeding 15 days.
Applications (including all documentation) are to be submitted by post or by hand to:
Employment Services Division
Employing Older Workers Scheme
Hal Far Road
Hal Far BBG 3000
Generic telephone number: 22201237
Generic email address: email@example.com