The amount of tax credits will be based on the level of household income. Shared lives carers have people matched with them by shared lives schemes or local authorities. We promote supportive shared living through Shared Lives and Homeshare, with local and national governments. Our campaign mobilised carers and schemes and resulted in several pay rises to bring it into line. Find out how to get certain payments tax-free for foster carers, adult placement carers, kinship carers and staying put carers. Information and advice on council tax and council tax reductions for carers / people looking after someone in Westminster, Kensington and Chelsea, and Hammersmith and Fulham. that carer and shares in the family and community life of that carer. It’s a rewarding career, where you can help a person with support needs to thrive. It is important to understand that while ticking box A can lead to you being given the benefit of the full tax free personal allowance to set against your employment earnings, this may mean that you have an underpayment in respect of the carer’s allowance at the end of the tax year. Following a campaign by LITRG and TaxAid in 2004, foster carers were granted full exemption and as from 9 December 2009, shared lives (adult placement) carers can also claim unrestricted capital gains tax PRR on any gain accruing to them from the disposal of their private residence. There is a band structure to the fees, so what you earn is based on the level of support that the person you care for needs. Qualifying care receipts paid by local authorities and similar agencies are only taken into account in working out tax credit income to the extent that they are taxable. A job as a carer is known as one of the most rewarding jobs on a personal level. Sharisse, Shared Lives carer. Qualifying care allowance – we worked closely with HMRC to advocate for Shared Lives carers to be included in this updated law. If total receipts from qualifying care do not exceed the individual’s limit (referred to as the qualifying amount), the receipts will be tax free. We will also pay you a fee of between £350 and £435 per week (if someone moves in with you) which will in turn enable you to make a positive difference to someone’s life. If you support someone long-term, in a live-in arrangement, you will get three parts to your pay. The benefits of shared lives schemes. Shared lives care can include respite care in certain circumstances. Prospective carers are allocated a Shared Lives social worker who will work closely with them to talk through their background, life experiences and reasons for applying. that carer and shares in the family and community life of that carer. Being a Shared Lives carer is more than simply a care job. As a Shared Lives carer, you are self-employed, so that you can receive tax … You will receive a generous allowance on a monthly basis for caring for the people you support. HI. There are many additional non-mandatory courses available for all Shared Lives Carers. Shared Lives promotes and offers independence, social inclusion and a sense of being part of a community. Would I be an employee of London Borough of Bromley? Michelle Beasor is a carer with Shared Lives South West and says: However, if only one person or no-one lives in the property (or it is treated as such) a discount can be applied to the bill. I have read some quite old threads on the situation of shared lives carers (adult placements) and eligibility for carers allowance. I understand that such carers are generally self employed and will be able to use qualifying care relief scheme for tax purposes and to calculate profit. The financial allowance ranges from £385-£464 per week based on the needs of the person you are caring for. Now you can claim tax relief – see how you are written into the conditions. Frequently asked questions for prospective Shared Lives carers What is the application process? It is important to understand that foster carers and shared lives carers are required to register with HMRC as self-employed unless they are being paid through a payroll as an employee with tax and National Insurance contributions being deducted by their employer (which is … Welcome to Shared Lives Plus, we are the UK network for shared living. Paid work You will receive a weekly payment (includes a generous tax allowance). Sharing a home, family and community life with a shared lives carer lets you get to know and bond with the carer. If the tenancy agreement is attached to the location, then the individual will pay rent for his room. Does this count as income for ICA . Does this count as income for ICA . Contact us What Is The Tax Allowance For Foster Carers? The bill will not increase if there are more than two people living in the property. Kirklees Shared Lives matches vulnerable adults to suitable registered carers enabling them to live in a safe, comfortable, family environment. Qualifying care relief in respect of shared lives care is limited to those providing care for up to a maximum of three placements at any given time during the tax year (the ‘placement cap’). This can lead carers to tick box A rather than box B. Shared lives care can include respite care in certain circumstances. These social care schemes are regulated and they approve and train the shared lives carers.