Some people have the mistaken belief that when they are receiving a training allowance, it’s the same as a Scholarship. That this is automatically tax free.
This is not the case though if it is above what they can earn tax free in a year (currently circa €8,000)

A scholarship is tax free, but you need to tell the tax man about it before you start out!

Make no mistake. If your employer is paying you a training allowance to attend College or University, and they expect you to take up full time employment with them afterwards. Then this is not a scholarship.

Take a look at the  Scholarship-Declaration-Form Read the fine print on page 2.

Any queries just call me on  1800 476 984 or Contact Me Here