Stay & Spend Scheme 2020 / 2021

WHAT IS THE NEW STAY AND SPEND SCHEME AND HOW DOES IT WORK?

The new Stay and Spend scheme allows you to claim tax back on accommodation, food and non-alcoholic drink (known as qualifying expenditure) bought between 1 October 2020 and 30 April 2021.

The Clarence Hotel will be participating in the Stay and Spend Scheme and this means, that when you book your break with us, you are entitled to claim expenses for your stay.

Under the terms of the incentive:

You must spend a minimum of €25 in a single transaction on qualifying expenditure and submit the receipt to Revenue
You can submit receipts up to a total of €625, or €1,250 for a jointly-assessed married couple
Revenue will provide an income tax credit of up to €125 per person, or up to €250 for a jointly-assessed married couple

You can claim expenses on:

Fáilte Ireland registered accommodation.
Food and non-alcoholic drink – served in a café, restaurant, hotel or pub.
You cannot claim expenses on takeaway food, alcoholic drinks, drinks (either alcoholic or non-alcoholic) served without food or amounts below €25, so you can add everything to your room bill and we can give you a receipt at the end of your stay, or you can pay per transaction and keep your individual receipts.

You must have receipts to prove your claim for Stay and Spend expenses.

HOW TO MAKE A CLAIM:

Submit your receipts to Revenue using the Revenue Receipts Tracker mobile citizensinformation.ieapp or using the receipts tracker service in Revenue’s myAccount
Make an electronic claim for Stay and Spend tax credit through your Income tax return – Form 12 in myAccount (if you are a PAYE taxpayer) or Form 11 in ROS (if you are self- employed).

Read more about the Stay and Spend Tax Credit on citizensinformation.ie