HMRC is consulting until 5 March 2018 on the draft Qualifying Care Relief (Specified Social Care Schemes) (Amendment) Order 2018, which extends qualifying care relief to payments made by individuals who self-fund care they receive through shared lives schemes.
Qualifying care relief is an optional tax simplification scheme, available to those providing qualifying care, which provides a standard relief instead of deductions for actual expenses, allowing carers to keep simpler records.
The relief is currently available only where payments for care made through shared lives schemes are funded by local authorities. The change was announced at Autumn Budget 2017 and will have effect for the tax year 2017/18 onwards. See http://bit.ly/2FNvAdt.
HMRC is consulting until 5 March 2018 on the draft Qualifying Care Relief (Specified Social Care Schemes) (Amendment) Order 2018, which extends qualifying care relief to payments made by individuals who self-fund care they receive through shared lives schemes.
Qualifying care relief is an optional tax simplification scheme, available to those providing qualifying care, which provides a standard relief instead of deductions for actual expenses, allowing carers to keep simpler records.
The relief is currently available only where payments for care made through shared lives schemes are funded by local authorities. The change was announced at Autumn Budget 2017 and will have effect for the tax year 2017/18 onwards. See http://bit.ly/2FNvAdt.
90a1d87b-c1b5-43c3-a720-cd324830adee.tmb-editorspic.jpg?sfvrsn=1b2d0a7e_1)
