Income Tax Act (Cap. 123), article 14C

14C. Notwithstanding anything to the contrary contained in this Act, if an individual proves to the satisfaction of the Commiss ioner that in the year preceding a year of assessment he has paid fee s in respect of childcare services for his children who were below t he age of twelve years to a bona fide childcare centre he shall, for each child, be allowed as a deduction against his income the lesser of these amounts - (a) the amount actually paid as confirmed by official receipts; (b) two thousand euro (€2,000): Provided that the Minister m ay by rules prescribe the conditions under which this d eduction shall be allowed. Fees in respect of homes for the elderly and the disabled. Added by: XXXII. 2007.34. Amended by: V . 2012.16; III. 2013.22; III.2026.17.