Thousands of people are missing out on claiming handy €1,800 yearly boost

Cost Of Living News

Thousands of people are missing out on claiming handy €1,800 yearly boost
Ireland Latest News,Ireland Headlines
  • 📰 RSVPMagazine
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 76%

If you are married or in a civil partnership and you care for a dependent person, you can apply for the Home Carer Tax Credit - which is up to €1800 thanks to the last budget

One of the biggest cash boosts that thousands of people miss out on yearly are claiming their tax credits.Tax credits reduce the amount of Income Tax that you pay. One such tax credit that people may not know they are eligible to claim is the Home Carer Tax Credit.

What is the Home Carer Tax Credit? If you are married or in a civil partnership and you care for a dependent person, you can apply for the Home Carer Tax Credit. You must be jointly assessed for tax as a couple.Who can claim? The full amount of the Home Carer Tax Credit can be claimed when:A 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.

If the home carer's income exceeds €7,200, the amount of their income over €7,200 is halved and the tax credit is reduced by that amount. How to claim You can claim the Home Carer Tax Credit by using Revenue's myAccount. You can also apply by completing a Home Carer Tax Credit claim form and returning the form to your Revenue office.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

RSVPMagazine /  🏆 7. in İE

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Glenveagh on track to meet targets despite dip in earningsGlenveagh on track to meet targets despite dip in earningsHome builder says it has completed 800 units of its 2,700 full-year target for 2024
Read more »

Sophie O’Sullivan beats her mother’s best time over 800 metresSophie O’Sullivan beats her mother’s best time over 800 metresO’Sullivan finished fifth in a high-quality race, victory going to Eloisa Coiro from Italy
Read more »

Thousands can avail of scheme that pays up to €6,000 for home alterationsThousands can avail of scheme that pays up to €6,000 for home alterationsThe grant scheme can be used to make basic changes to your home so it is more accessible, like adding grab rails or ramps - here's everything you need to know about it
Read more »

Thousands more first time buyers can avail of 30% towards new homeThousands more first time buyers can avail of 30% towards new homeThe scheme takes a percentage equity stake in the home, equal to the level of support provided to enable the purchase - it can be a big help for first time buyers
Read more »

Victim says 'lock them up for a long time' after OAPs robbed by 'evil' ex-carerVictim says 'lock them up for a long time' after OAPs robbed by 'evil' ex-carerPrecious Moyo, 38, was aided in a series of violent burglaries by Yamen Alhamada, who claimed that he went along with her because she was 'into black magic called juju, and he would be protected if he did what she said'.
Read more »

Thousands of people can claim payment worth hundreds towards billsThousands of people can claim payment worth hundreds towards billsIn the midst of the ongoing cost of living crisis, any extra payment that you can claim can be a big help - this payment adds up up to €420 towards electricity or gas bills
Read more »



Render Time: 2025-02-19 05:18:52