Results 41-60 of 198 for carers speaker:Paschal Donohoe

Written Answers — Department of Finance: Tax Credits (22 Feb 2022)

Paschal Donohoe: ...the State in 2022, it was not possible to increase all tax credits and remain within the fiscal parameters. However, the tax changes introduced in Budget 2022, will benefit all income earners who pay income tax, including those persons in receipt of the Single Person Child Carer Credit, and are aimed at helping taxpayers at a time when prices are rising.   I would also note that...

Written Answers — Department of Finance: Departmental Consultations (15 Feb 2022)

Paschal Donohoe: ... Irish Senior Citizens Parliament TechIreland Family Business Network Ireland Irish South and West Fish Producer’s Organisation The Environmental Pillar Family Carers Ireland Irish Tax Institute The Society of St. Vincent de Paul FLAC Irish Tourism Industry Confederation (ITIC) The...

Written Answers — Department of Finance: Tax Reliefs (15 Feb 2022)

Paschal Donohoe: ...own home may claim childcare services relief each year, provided that they do not receive more than €15,000 income per annum from the child-minding income. - Furthermore, a Single Person Child Carer tax credit of €1,650 is available as well as an additional standard rate band of €4,000. This credit and band is payable to any single person with a child under 18 years of...

Written Answers — Department of Finance: Tax Credits (1 Feb 2022)

Paschal Donohoe: I assume that the Deputy’s the question relates to the qualifying criteria which must be met in order for a claimant to receive the Single Person Child Carer Tax Credit (SPCCC). I am advised by Revenue that section 462B of the Taxes Consolidation Act 1997 (TCA 1997) provides that the SPCCC will be available to a single person who has a “qualifying child” resident with him...

Written Answers — Department of Finance: Tax Credits (27 Jan 2022)

Paschal Donohoe: ...to increase all tax credits and remain within the fiscal parameters. However, the tax changes introduced in Budget 2022, will benefit all income earners who pay income tax, including those persons in receipt of the Single Person Child Carer Credit, and are aimed at helping taxpayers at a time when prices are rising. I would also note that those in receipt of this credit may also have...

Written Answers — Department of Finance: Tax Credits (16 Dec 2021)

Paschal Donohoe: ...that the credit played a role in supporting and incentivising the labour market participation of single and widowed parents but recommended that the credit should be allocated to the principal carer of the child only. The One-Parent Family Tax Credit was replaced by the Single Person Child Carer Tax Credit from 1 January 2014. The restructured credit is of the same value i.e....

Written Answers — Department of Finance: Tax Credits (14 Dec 2021)

Paschal Donohoe: I am advised by Revenue that the home carer tax credit may be claimed by jointly assessed married persons or civil partners, where one spouse or civil partner (the ‘home carer’) cares for one or more dependent persons. A dependent person includes an individual who, at any time in the year of assessment, is: - a child in respect of whom the home carer, or his or her spouse or...

Written Answers — Department of Finance: Tax Code (9 Nov 2021)

Paschal Donohoe: ...Single or Widowed or Surviving Civil Partner (without a qualifying child) 35,300 @20% Balance @40% 36,800 @20% Balance @40% Single or Widowed or Surviving Civil Partner (qualifying for single person child carer credit) 39,300 @20% Balance @ 40% 40,800 @20% Balance @ 40% Married or in a Civil Partnership, one Spouse...

Written Answers — Department of Finance: Tax Code (20 Oct 2021)

Paschal Donohoe: ...can be a difference between the tax liabilities incurred by married couples on the same household income, depending on the method of assessment chosen. However, in lieu of fully transferable rate bands, a Home Carer Tax Credit may be claimed where one spouse works primarily in the home to care for a dependent person, such as a child. This credit was introduced in the context of...

Written Answers — Department of Finance: Childcare Services (9 Sep 2021)

Paschal Donohoe: The Government acknowledges the continuing cost pressures on parents, particularly those with young children. In recognition of these cost pressures, a number of support measures are already in place to ease the burden on working parents. These include various tax-exempted child-care related supports provided by the Minister for Children and Youth Affairs and measures such...

Written Answers — Department of Finance: Tax Code (27 Jul 2021)

Paschal Donohoe: ...Group B Threshold (€32,500), taking into account previous gifts and bequests to the beneficiary within that threshold. There are no specific reliefs or exemptions available where the beneficiary of a gift or inheritance is a carer. However, where the inherited benefit is a residential property, the beneficiary may be able to avail of the dwelling house exemption. To qualify...

Written Answers — Department of Finance: Tax Data (27 Jul 2021)

Paschal Donohoe: ...Covenants 0.4 Dispositions such as Maintenance Payments 4 Donations to Approved Sporting Bodies 0.2 Employing a Carer 3 Health Expenses (Nursing Homes) 8 Employee Pension Contribution 423 Rental Deduction for Leasing of Farm Land 6 ...

Written Answers — Department of Finance: Departmental Reviews (13 Jul 2021)

Paschal Donohoe: ...in respect of equality proofing and gender proofing of certain aspects of the income tax system. In addition, the Department of Finance regularly carries out reviews of tax expenditures. By way of example, the Home Carers Tax Credit was reviewed in 2019 and included an assessment of the credit in terms of its impact on gender and household income coverage. Finally, in recent years,...

Written Answers — Department of Finance: Tax Code (17 Jun 2021)

Paschal Donohoe: ..., on the other, taking account of the need to encourage labour force participation." This is an area that is kept under review. On the specific arrangements in place, I am advised by Revenue that the home carer tax credit may be claimed by a married couple or civil partners where one spouse or civil partner (the ‘home carer’) cares for one or more dependent persons....

Written Answers — Department of Finance: Tax Code (15 Jun 2021)

Paschal Donohoe: ...s/education/tuition-fees-paid-for-third-level-education/inde x.aspx . Further reliefs may arise where eligibility for specific relief(s) from income tax depends on the circumstances of the individual claimant. Single Person Child Carer Tax Credit The single person child carer tax credit is available to a ‘single person’ who has a qualifying child residing with him or her...

Written Answers — Department of Finance: Tax Credits (1 Jun 2021)

Paschal Donohoe: ...market participation of single and widowed parents. However, in its recommendations, the Commission concluded that the credit should be retained but that it should be allocated to the principal carer of the child only. It is essential to review all tax reliefs, credits and incentives in order to ensure that they are properly targeted and if necessary re-focused in order that they could...

Written Answers — Department of Finance: Tax Credits (1 Jun 2021)

Paschal Donohoe: I am advised by Revenue that the number of taxpayers who received the One Parent Family Tax Credit in 2013 and the Single Person Child Carer Credit for each of the years 2014 to 2018 (the latest available year) are set out in Revenue’s Cost of Tax Expenditures Publication, which are published on the Revenue website. (Search "Tax Expenditures" and select result "Costs of Tax...

Written Answers — Department of Finance: Tax Code (25 May 2021)

Paschal Donohoe: ...There are no tax credits or reliefs available to a surviving cohabitant on or following the bereavement of a partner. However, a surviving cohabitant may be entitled to claim the Single Person Child Carer Credit (currently €1,650) if: 1. a qualifying child resides with her or him for the whole or greater part of a year of assessment; and 2. she or he is not jointly assessed for...

Written Answers — Department of Finance: Tax Reliefs (18 May 2021)

Paschal Donohoe: I acknowledge the continuing cost pressures on parents with young children.  In recognition of these pressures, a number of support measures are already in place to ease the burden on working parents. These include various tax-exempted child-care related supports provided by the Minister for Children, Equality, Disability, Integration and Youth and measures such as the...

Written Answers — Department of Finance: Tax Reliefs (31 Mar 2021)

Paschal Donohoe: I am advised by Revenue that there are a number of tax reliefs available to individuals who are carers. Details of the main reliefs, including the related tax credits, are as follows: The Home Carer Tax credit is available to married couples or civil partners that are jointly assessed, where one spouse or civil partner stays at home to take care of a dependent person.Its current value is...