Tax relief for caring relatives: This is how you can claim the flat-rate care allowance

Tax relief for caring relatives: This is how you can claim the flat-rate care allowance

According to a report by www.merkur.de, caring relatives can claim tax relief in the form of flat-rate care allowances, depending on the level of care of the person being cared for. The flat rate amounts vary from 600 euros for care level 2 to 1,800 euros for care levels 4, 5 or a corresponding mark in the severely disabled person's ID card.

In addition, people who have part of their care carried out by a professional care service can also claim flat-rate care amounts as long as their personal contribution to the care is at least ten percent. However, it is important to note that family caregivers are not allowed to receive any compensation for care in order to be able to use the lump sums.

In terms of the market and financial industry, this can mean that family carers are relieved of financial burdens, resulting in an improved financial situation for them. It can also help encourage more people to care for their loved ones at home instead of using professional care services. This could have an impact on the care services market and lead to increased demand for supportive financial services for family carers.

These tax reliefs could have a positive impact on the financial situation of those affected and at the same time influence the market for care and financial services.