Tax relief for looking after the elderly

hands 981400 1920

Tax relief for looking after the elderly

Tax relief for looking after the elderly

Everyone gets older and at some stage of life it may not be possible to live independently. In that situation many people will look to enter a nursing home. These can be excellent environments where the client can maintain a happy and active life with the assistance of trained professionals. However, this does not suit everyone, and some people and their children may opt to be cared by family at home. In this case, what help can be received?

The Home Carer Tax Credit is a tax credit provided to married couples or partners (who are jointly assessed for tax) where 1 person works in the home looking after a dependent person.

The tax you pay is calculated as a percentage of your income. A tax credit is taken from this to provide the real amount of tax that you will have to pay. A tax credit reduces your payable tax by the amount of the credit.    

Accounting Pro is Ireland’s premier contractor accounting service.  We are here to help, the busy contractor and company, with all your accounting and payroll needs. We are both an umbrella company and umbrella corporation and we can create your limited company. We are experts in contractor pensions, contractor health insurance, illness and sick benefit for the self employed and contractor expenses. To learn more about what we do please review  and contact us by email: or phone us 01 592 1802. For the UK see Accounting-Pro UK. “Tax relief for looking after the elderly” is an article written by Accounting-Pro Ireland for the benefit of everyone. Feel free to share it but please give attribution on a CC BY-SA license.

About Author

Related posts

image 7


Michael says he has found Accounting-Pro to be very professional, as they made setting up as a contractor effortless with an Umbrella company. Accounting Pro managed all of Michael’s PAYE setups and left him to concentrate on the work he does best. Accounting Pro are swift to respond to...

Read More
startup 3373320 1920

Jason Finnerty And Accounting Pro

What can I say about Accounting Pro, they offer a complete end to end service for today’s contractor. They provide not only payroll and umbrella company services, but also pension and health insurance benefits amongst many other services providers. This is not something you find amongst many of their...

Read More

Outsourced Payroll Solutions

Outsourced Payroll Solutions Many businesses have found that administration of in-house payroll is  time-intensive and cost consuming if they’re to keep their accounts compliant with government laws and regulations. The problem of security, confidentiality, and enforcement is more complicated than just balancing account figures on the books. ...

Read More