Tax credit for young people taking a job in an occupation facing labour shortages raised to €1,500

Article 73 of the 2006 Amending Finance Act raises from €1,000 to €1,500 the tax credit under Article 200 decies of the General Tax Code, granted to people under 26 who take up, for at least six consecutive months, a salaried job in an occupation facing recruitment difficulties, and raises the applicable rate from 50% to 75%. The increase applies when the six-month period of activity ends after 31 December 2006. The credit, created in 2005, was reserved for jobs started between 1 July 2005 and 31 December 2007.