You may claim tax relief for money that you have covenanted for the use of an person who is a) aged 65 or over b) permanently mentally or physically incapacitated This may be useful for funding nursing home costs of elderly or incapacitated parents This is subject to various qualifying conditions Any queries on same give me…
Who can claim the home carer credit ? A couple in a marriage or civil partnership where one spouse or civil partner is the Home Carer and cares for one/more dependent persons. Conditions to Qualify The couple in a marriage or civil partnership – must be jointly assessed to tax – it does not apply…
There is no Capital Gains Tax on the disposal of a site from a parent to a child where the transfer is to enable the child construct a principal private residence on the site. The market value of the site must not exceed €500,000 .The area of the site (exclusive of the area on which…
