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Irish Tax Reliefs To Help Elderly Stay In Their Homes

by Jason Gorringe, Tax-News.com, London

21 November 2014


The Irish Government has announced that the level of tax relief available to help with the employment of a professional nurse or carer in the home will rise from EUR50,000 to EUR75,000 a year.

Under the present rules, tax relief at the top rate of income tax can currently be claimed up to EUR50,000 a year. The revised cap is included in a new amendment to the Finance Act, introduced by Finance Minister Michael Noonan.

According to Kathleen Lynch, Minister of State with responsibility for Disability, Older People, Equality and Mental Health, the change will allow families to continue to care for incapacitated elderly relatives within their own homes. The Government also hopes that it will free up nursing home beds and help to relieve pressure on hospitals, as a proportion of the 800 delayed discharge patients currently in hospital could then be cared for in their homes.

Fine Gael lawmaker Gabrielle McFadden welcomed the news. She said: "This will make a big difference to families in terms of affording these costs. Older people do better at home. They retain their independence and are more comfortable in their own surroundings. Of course it is not always possible for people to remain in their own homes for as long as they wish for medical and other reasons. However this new relief aims to help people with the financial costs involved in staying at home where they need additional support."

TAGS: Finance | tax | Ireland | law | tax rates | tax breaks | tax reform

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