How homecare tax relief works?
Tax relief can be claimed by the bill payer at their marginal rate of tax (either 20% or 40%).
You simply fill out a form called the HK1 ‘Claim for an Allowance for Employing a Carer’. Our 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.
What if I'm not working at the moment?
If you are not employed or paying taxes, you can still receive a cashback benefit through eligible family members. Up to a total of €75,000, they can claim this benefit at their marginal tax rate on your behalf.
For instance, your spouse's income, your sibling's income, your child's income, or even your son-in-law or daughter-in-law's income can be utilised.
The process is straightforward: you just need to assign the bill for your care under their name, enabling them to claim the cashback through their salary.