It has been estimated that around 61,000 single-income families are eligible to claim the Home-Carer Tax Credit but are unaware they are eligible for it. These families could be due a refund of up to €4000. At Taxreturns.ie we have found that the Home Carer Tax credit is one of the most under claimed tax credits. Detailed below are more details on the Home Carers Tax Credit.
What is the Home Carers Credit?
The Home Carer Tax Credit is a tax credit given to married couples or civil partners (who are jointly assessed for tax) where one spouse or civil partner works in the home caring for a dependent person. The MAIN income earner has to apply for the tax credit.
A dependent person is defined as any of the following:
- Child for whom Child Benefit is payable
- Person aged 65 or over
- Person with a disability who requires care
Please note the dependent person you are caring for cannot be a spouse or civil partner. They can however, be a relative by marriage, or someone for whom you act as a legal guardian.
How much is the Home Carers Tax Credit?
The Home Carer credit is currently €1200 p.a but will rise is €1500 in 2019.
The Home Carer Tax Credit can be claimed when:
A married couple or civil partners are jointly assessed for tax
- One spouse or civil partner works in the home caring for one or more dependent people
- The home carer’s own income is under €7,200. A reduced tax credit applies if the carer’s income is between €7,200 and €9,600.
The main income earner needs to apply for the tax credit.
At Taxreturns.ie we can help you apply for Home Carer Tax Credit for following tax years:
- 2015, 2016 and 2017
We can also access if there are other tax credits you should be applying for also.
If you would like Taxreturns.ie to find out if you are eligible for the Home Carer Tax Credit the MAIN income earner needs to complete our application form and we will do the rest.
Click below and fill in our authorization form. We have a no refund no fee service so you have nothing to lose.