Home insteadextra 25k per family for homecare

Christmas comes early as minister Varadcar announced an extra 25k per family 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. Last week the minister for health Leo Varadcar announced an increase on the cap available for care in the home from €50,000 to €75,000 per annum. The following is a useful guide for setting up this tax relief.
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 €75,000 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! Alternatively you can email me at j.acton@homeinsteadm.ie.