Childcare Services Relief
Income Tax
In order to claim the Childcare Services Relief you must be registered with Revenue as self-employed. Anyone caring for fewer than 3 children in the home may do this.
This relief exempts you from income tax if:
· Gross fees are less than €15,000 per year from your Childminding services.
· You mind no more than 3 children (0-17) at any one time on your own.
· Your service is known to your local Childcare Committee.
· The exemption must be claimed in an annual tax return.
Even if you work part-time elsewhere, you can still claim this tax relief for your Childminding work.
PRSI
You will still pay the Class S PRSI contribution of 4% of your taxable income as a minimum per annum. For more information on this see PRSI for the self-employed.
USC
You are also exempt from the USC if your net income (gross fees less costs), is less than €13,000.