The Home Carer Tax Credit, at the standard rate of tax, is currently available.
This allowance is available to married couples who are jointly assessed where one spouse works in the home caring for a child, an elderly person or an incapacitated person. Only one allowance will be granted not withstanding that you or your spouse may be caring for a number of qualifying individuals.
You should note that this tax credit cannot be claimed in addition to the increase in the standard rate band for two income couples. Advice should be sought as to which option is more beneficial. |
