College Grants and Holiday Pay

keepkeyyellow

So I was going through the official grant booklet the other day ( http://www.studentfinance.ie/downloads/1339418623/Student_Grant_Scheme_2012.pdf ) and came across some interesting stuff

(5) For the purposes of determining the reckonable income of an applicant,
the aggregate of any of the following shall be deducted—
(b) income from employment which represents holiday earnings outside
of term time, subject to a maximum limit set out in Part B of Schedule 1; (Page 24)

Holiday Earnings:
An allowance of €3,809, in respect of income earned in the reference period but
outside of the approved institution's term term, is deductible from the applicant's earnings (Page 37)

Applicant’s earnings from holiday employment
You, the applicant must include any income for 2011 in this section. A deduction will be allowed for reasonable holiday earnings which is income earned by the applicant from employment outside of term time. (Page 13)

What I'm getting form this is, I can deduct 3,803€ of my holiday earnings from the overall income in the house? Has anyone ever dealt with this before because I really didn't see it until lately.

allthedoyles

Better to post this in the Edu - Student Finances thread - Its not a taxation issue .

You will need to provide payslips to prove that the earnings of €3,809 was earned outside of term time

keepkeyyellow

Never knew there was a form for that, I wonder if I could get moved or will I have to start a new one...