Thinking of Starting Your Own Business? Are you unemployed > 12 months? Then you can get tax relief for the first two years? The Start Your Own Business scheme provides relief from income tax for long term unemployed individuals who start a business and it provides an exemption from income tax up to a maximum of €40,000 per year for two years provided: 1. The business must be set up between the 25th October 2013 and 31st December 2016 by a person that qualifies for the