Home instead are you aware of the tax relief for homecare

Many of our enquiries of late have been in relation to Tax relief available for home care. This tax relief makes homecare so much more affordable for everyone. It is very easy to set up and can be a great help to people in need of professional home care. I hope this article can help raise awareness for this fantastic and much needed assistance in relation to the cost of homecare in Ireland. For your convenience we have compiled an easy to follow set of guidelines to set up tax relief for care in the home. Tax relief can be claimed by the bill payer at their marginal rate of tax (either 20% or 41%)
You simply fill out a form called the HK1 ‘Claim for an Allowance for Employing a Carer’.  This form is attached to the IT47 ‘Employed person taking care of an Incapacitated Individual’ form which is sent to the inspector of taxes in your local area. The team will support you through the whole process
Then you can claim tax relief at the end of the year, or indeed monthly through your pay, so you don’t have to wait until the end of the year
 If you are not working or paying tax, you can still receive this cash back through other members of your family up to a total of €50,000 at their marginal tax rate.
For example, your husband or wife’s pay, your brother or sister’s pay, your son or daughter’s pay or your son-in-law or daughter-in-law’s pay qualifies to benefit from the tax relief. You simply put the bill for your care in their name and then they can claim the cash back through their salary. Home Instead will guide you through the whole process so there is no need to worry.

A relative includes a relation by marriage and a person in respect of whom the claimant is or was the legal guardian. Please feel free to call our office on 04493 85260 or call up for a coffee to Marlinstown Office Park and we will take care of the rest!
And finally can I take this opportunity to remind everyone about the helpful new App we have designed to assist families living with Dementia. Only when families work together as a team can their loved ones with Alzheimer’s receive the best love and care possible. For your help and support we have created the Alzheimer’s and Other Dementias Daily Companion App as a pocket guide to help get you through all the dementia care situations you likely never dreamed you’d have to face.
You can download this free app now so when you have a question about the best way to handle a situation, you’ll have quick, helpful tips from experts and other caregivers instantly at your fingertips. We also welcome you to visit us at our office in Marlinstown for a chat and a coffee. Alternatively you can call 944 938 5260 or visit www.homeinstead.ie