Single Person Child Carer Credit

Single Person Child Carer Credit

If you care for a child on your own you may be able to claim the Single Person Child Carer Credit (SPCCC). This child may be:

1. your own child
2. an adopted child
3. any child that you support and maintain at your own expense.

Only one parent or guardian of a child can claim the SPCCC in a tax year. You may only claim one credit, even if you care for more than one child.

This credit came into effect on 1 January 2014. The value of this tax credit is €1,650 per year. This will reduce the tax you pay by €31.73 per week.

You may also be entitled to an increased rate band of €4,000. This is an additional €4,000 at the 20% tax rate. If you are due the SPCCC, then you are automatically due the increased rate band.

Any queries on the above give me a call on 091 763817 or email me at oliver@taxreturnhelp.ie