The following are deducted from income:

• Contributions to trade unions or professional bodies
• Loss of current year and previous years (for individuals required to prepare audited financial statements, current year losses and losses of the previous five years only may be deducted)
• Rental income, 20% of gross rental income
• Donations to approved charities (with receipts)
• Expenditure incurred for the maintenance of a building in respect of which there is in force a Preservation Order Up to €1.200, €1.100 or €700 per square meter (depending on the size of the building)
• Social Insurance, National Health System medical fund (maximum 1,5% of remuneration), pension and provident fund contributions (maximum 10% of remuneration) and life insurance premiums (maximum 7% of the insured amount)