Carer Allowance – Tax Relief A person can claim an allowance where he has to employ a person to take care of an incapacitated family member The carer may be employed on an individual basis or through an employment agency The maximum allowance is €50,000 per annum for each incapacitated person The allowance is available at the…
Deed of covenant is a written agreement where you agree to pay an amount of money to another person, without receiving any benefit in return. A covenant can be used irrespective of what the money is finally used for. To qualify for tax relief the payments must be capable of lasting for at least six…
Conditions to apply for Home Carer tax Credit of €1,000 You must be jointly assessed for income tax The home carer must care for one or more dependent persons. A dependent person is: a child for whom the Child benefit payment from the Department of Social Protection is received – this includes all children under 16…
