This is definitely relevant for this blog and their purposes. Now that I live in Ireland this makes a lot of sense:
Start your own Business Relief
If you have been unemployed for at least 12 months and set up a qualifying business, the Start Your Own Business scheme provides an exemption from income tax up to a maximum of €40,000 per annum for a period of 2 years.
Start Your Own Business Relief only applies to income tax payable on the profits from your business. It does not extend to PRSI and Universal Social Charge (USC) so you will be liable to pay PRSI and USC on any profits earned in your new business. The Start Your Own Business scheme runs from 25 October 2013 to 31 December 2016.