SSIA to Pension Scheme

A simple question on this scheme, my income is not enough to pay tax on, so I'm eligible for this scheme. However it seems the government top up is via tax credits


"Firstly: for every €3 of SSIA proceeds reinvested by an eligible SSIA holder in a pension product, the Exchequer will contribute €1 by way of a tax credit. This tax credit cannot exceed €2,500. Secondly: the Exchequer will contribute an additional tax credit to the pension product."

So my question is, what use is a tax credit to me?

Tax credits in cases such as this and also owner occupier mortgage interest relief (at source), private health insurance (at source), SSIA top-ups (which are technically a tax credit) etc. do benefit everybody - even those who don't otherwise pay tax. Note that the SSIA top-up is technically a tax credit so the SSIA to PRSA transfer incentive will work the same way (i.e. it will tecnically be a tax credit but in practice will be credited as a top-up to your PRSA).