Tax relief for paying nursing home expenses ?
Yes, you may be able to claim Income Tax relief on nursing home expenses paid by you for yourself or another person who does not need to be family.
You can claim this relief as a deduction from your total income if the nursing home provides 24-hour on-site nursing care.
This means that the portion of your income which is taxable at your highest rate of tax is reduced. The amount of relief you can claim at 40% or 20% depends on the amount of tax you paid at either rate. So if you pay tax at 40% you get 40% tax relief for the nursing home expenses provided there is enough 40% band to use up
To claim the relief you have to prove that you paid the nursing home expenses without being directly or indirectly reimbursed by the nursing home resident or a third party.
Can go back 4 years to 2021 to claim for any unclaimed for tax relief
Any queries on the above give me a call on 091 763817 or email me at oliver@taxreturnhelp.ie