Hi, could anyone give an example of how exactly the home carer tax credit works?
My husband as all my available tax credits, could this extra 5000 eur tax credit go against his salary and he can therefore earn an additional 5000 tax free? Or is it directly a subsidy of EUR 5000? I understand otherwise if I kept the tax credit, I could earn up to EUR 5000 tax free.
An example with figures would be helpful for me to understand the mechanics. Thank you.
My husband as all my available tax credits, could this extra 5000 eur tax credit go against his salary and he can therefore earn an additional 5000 tax free? Or is it directly a subsidy of EUR 5000? I understand otherwise if I kept the tax credit, I could earn up to EUR 5000 tax free.
An example with figures would be helpful for me to understand the mechanics. Thank you.