If you require nursing home care and do not qualify, or do not wish to apply for financial support under Fair Deal you can claim tax relief for nursing home expenditure under the general scheme for tax relief on certain medical expenses. You can claim tax relief on nursing home expenditure at your highest rate of tax (either 20% or 40%). If you are paying nursing home fees, you can get tax relief whether you are in a nursing home yourself or you paying for another person receiving nursing home care. A long-term care resident in a nursing home who pays tax under PAYE can apply to have expenses allowed in his or her tax credit certificate. The nursing home must be on the revenue list of approved hospitals and nursing homes.
All residents and their families should take full advantage of all tax reliefs that are available to them. Fair Deal is not always the appropriate solution for the applicant and their families. At Fair Deal Advisors our sister company Smart Choice Financial Brokers Ltd. will offer a detailed analysis on the merit of progressing the application or alternatively choosing to self-fund the nursing home fees using tax reliefs.
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