Sole Trader - Carer's Allowance

[jokerini]

A sole trader's only other source of income is the taxable carer's allowance. Can he use the PAYE tax credit against any income from this source? Is he excluded because he is a sole trader?

 

[wbbs]

This link seems to say yes

http://www.citizensinformation.ie/e...ment/taxation_of_social_welfare_payments.html

I think (not 100% sure) that if the payment is taxable then the PAYE tax credit can be claimed against the allowance only, any surplus can't be used for other income.

 

[Black Sheep]

Yes he can use his PAYE tax credit to reduce the amount of tax payable on Carer's Allowance