Home Carer's Tax Credit

[Stetuck]

Hello all,

is it possible to offset the home carer's credit against rental income or can it only be used against employment derived income?

S

 

[Pegasus]

All of your income is added together - tax is calculated at appropriate rate - tax credits are then taken off. So the answer is yes you can credit for it against rental income.

 

[Stetuck]

All of your income is added together - tax is calculated at appropriate rate - tax credits are then taken off. So the answer is yes you can credit for it against rental income.

Cheers for that!