Home Care Tax Relief
If you are arranging care for yourself or a loved one you maybe eligible for tax relief.
You can claim tax relief on the cost of employing a carer either if you employ one for yourself or for another family member. A family member is a spouse, civil partner, child or a relative, including a relation by marriage or civil partnership.
You can claim tax relief (at your highest rate) on the lower of the following two amounts: The actual cost incurred or the maximum deduction of €75,000.
If you are a PAYE taxpayer, you can apply for tax relief for employing a carer on form HK 1 or telephone 1890 306706.This is applied to your weekly or monthly Tax credits. You can download the HK1 form here
Example
Hourly Rate €23.95 |
Rate after 40% tax relief €14.37 |
|
|
|
|