Fair Deal Advice Blog

Taxation Relief on Nursing Home Fees

When a person needs to enter a Nursing Home, regardless of whether they are in the Fair Deal/Nursing Home Support Scheme or paying for their care privately, the resident and or their spouse if married can claim tax relief on their contribution towards their care as long as they and or their partner are liable for income tax.

Tax relief is limited to the amount of tax payable. If the applicant has taken out the Nursing Home loan, the tax relief will only be available on the income, cash asset contributions and any other assets contribution that has not availed of the nursing home loan.

If children of the resident pay towards their parents care they can also claim tax relief on their contribution to care, limited to the amount of tax that is payable. If paying tax, please ensure that you have copies of receipts and invoices for the contribution you pay. Taxation relief can be claimed by an annual tax return or alternatively the resident, spouse or children can ask for tax relief to be paid fortnightly/monthly so that tax relief is available in real time.

If you require additional advice on the Fair Deal/Nursing Home Support scheme and how to minimise the net contribution to care, contact Tom Murray @ 086 601 5042 or email advice@fairdealadvice.ie or alternatively visit www.fairdealadvice.ie.

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 Corinne Culloty 
 
 
 
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The Fair Deal process can be cumbersome, complicated and hugely stressful. Tom’s guidance, support and reassurance have been invaluable to our family. He is calm and composed in his approach, rational and practical in his assistance and always responsive, whether by email or phone, while furnishing us along the way with much valued spreadsheets and back-up material. I just wish we had engaged with Tom sooner…
  
 
  
 
 
 
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 Conor O'Kane 
 
 
 
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Absolutely outstanding service. Highly recommended. Tom has a huge amount of experience with the Fair Deal process. Really helped us navigate the process during a difficult time. Thank-you.
  
 
  
 
 
 
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 Ursula Scarrfecody 
 
 
 
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I cannot recommend Tom's expertise highly enough . His calm and reassuring manner and his knowledge in the field of fairdeal is a breadth of fresh air .When I was at my wits end with a very stressful experience regarding a fair deal application he rang me back promptly . His advise and help were invaluable .I just wish I'd known about this service before I applied . I advise everyone going through this process to seek professional help and you won't go wrong with a phonecall to Tom. Thank you for your help .
  
 
  
 
 
 
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 Mary Collins-Smith 
 
 
 
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We contacted Tom for advice on my mothers care when my sister and I traveled to Ireland to visit our mother who was waiting to be discharged to a Nursing Home from CUH. His advice was thorough and he was able to assess my mothers financial needs very quickly.  His expertise, follow up, and professionalism were highly evident.  Tom sees things through and he takes his professional role seriously.  We will continue to refer to Tom on my mothers loan application process for her care. I am relieved to have found someone like Tom to help us navigate the nursing home process.  A million thanks, Tom for all your help!  I am happy to know you.
  
 
  
 
 
 
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 Mary O'Driscoll 
 
 
 
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Tom is exceptional.  His calm, reassuring expertise and ability cuts through the mind numbing complexity of the Fair Deal and supports when you are making difficult & heart-breaking decisions. Our Dad had died unexpectedly just days after our mother had transferred in an emergency situation into full-time care.  Thus, the original Fair Deal application was null & void. We were dealing with grief, anxiety over our mother’s care and dread over how her care would be funded. After one discussion with Tom,  a weight lifted off our shoulders and we had a clear approach to manage our revised Fair Deal application. If I had known of Tom’s existence, I would have persuaded my Dad to have spoken to him years ago. He would have put my Dad and all of us on the best financial pathway to not only provide the best care for my mother but would have removed the dread and fear that my Dad felt, believing he was going to lose everything trying to fund my mother’s care. My advice would be to contact Tom years in advance of needing care funding;  ask him to do a Fair Deal financial assessment and create a financial plan.  You will sleep better at night!
  
 
  
 
 
 
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 Jim Dore 
 
 
 
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I was directed to Tom by my attorney in July, regarding my mothers accelerated need for full time care. Living overseas and not knowing what I didn't know, Tom was a phenomenal resource to help me understand the ins & outs of the long term care options. It is by far the best investment one can make before proceeding down this path, absolutely invaluable advice & insight. Not cheap but you certainly get what you pay for - from the moment I reviewed everything with Tom, I had a huge sense of relief about the process.
  
 
  
 
 
 
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I have had the privilege of using the service on 2 separate occasions and I can honestly say that it was the most professional service I received in the area of providing advice around that fair deal System run by the HSE. The cost of the service was more than out weighed by the savings accrued as a result of Toms expertise and advice throughout (several thousand euro in savings) We were so lucky to have an expert such as Tom who provided information, expertise and most of all personal advice during the entire process and cannot thank him enough for his support and assistance.
  
 
  
 
 
 
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Tom Murray Fair Deal  was a huge help to us. He guided us the whole way through. His advice is impeccable. He responds to phone calls and e mails immediately and produces documents almost in real time. I could not emphasise too strongly the help Tom provided. Worth every penny. Thanks Tom.
  
 
  
 
 
 
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 Bernie Walsh 
 
 
 
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I contacted Tom for advice regarding the Fair Deal Scheme as my mother required full time care in a nursing home. Tom's expertise and advice was invaluable. He made the whole daunting process very easy. He had a list of required documents (some that I didn’t know I would need). He took the pain and worry out of the whole process and put my mind at rest. I cannot recommend Tom and this service highly enough. I consider this to be money well spent. Thanks Tom.