126. Tax treatment of certain benefits payable under Social Welfare Acts.

(1) In this section -

‘the Acts’ means the Social Welfare Acts;

‘the Act of 2005’ means the Social Welfare Consolidation Act 2005.

(2)

(a) This subsection shall apply to the following benefits payable under the Acts -

(i) widow's (contributory) pension,

(ii) orphan's (contributory) allowance,

(iii) retirement pension, and

(iv) old age (contributory) pension.

(b) Payments of benefits to which this subsection applies shall be deemed to be emoluments to which Chapter 4 of Part 42 applies.

(2A)

(a) This subsection shall apply to the following benefits payable on or after 1 July 2013 under the Acts -

(i) maternity benefit,

(ii) adoptive benefit,

(iii) health and safety benefit,

(iv) paternity benefit, and

(v) parent’s benefit.

(b) Amounts to be paid on foot of the benefits to which this subsection applies shall be deemed -

(i) to be profits or gains arising or accruing from an employment (and accordingly tax under Schedule E shall be charged on every person to whom any such benefi

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