Single Person Child Carer Credit (SPCCC)
If you care for a child on your own you may be able to claim the Single Person Child Carer Credit (SPCCC). This child may be:
- your own child
- an adopted child
- any child that you support and maintain at your own expense.
Only one parent or guardian of a child can claim the SPCCC in a tax year. You may only claim one credit, even if you care for more than one child.
This credit came into effect on 1 January 2014. The value of this tax credit is €1,650 per year. This will reduce the tax you pay by €31.73 per week.
You may also be entitled to an increased rate band of €4,000. This is an additional €4,000 at the 20% tax rate. If you are due the SPCCC, then you are automatically due the increased rate band.
Next: How do you qualify for the SPCCC?