Budget call to make childcare fees fully deductible against tax


Source: irishtimes.com irishtimes.com

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Making childcare costs fully tax deductible is the option most popular with parents in a pre-budget survey by tax advisers, Taxback.com. Photograph: Dominic Lipinski/PA Wire Childcare fees should be made fully tax deductible in the upcoming budget, according to just more than a third of people surveyed on the issue of childcare costs. Only 6 per cent of 2,000 taxpayers taking part in the pre-budget survey by tax advisers, Taxback, felt it was not the Government’s job to get involved in addressing rising costs in the sector. Childcare is, alongside mortgage costs, the biggest expense facing young families, many of...