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If you care for someone for at least 35 hours per week, you could be eligible to claim the Carer’s Allowance. The individual that you care for does not necessarily have to be a family member.
The 2023/24 allowance is £76.75 per week and you can either be paid weekly, or every four weeks. To qualify, you need to earn less than £139 a week outside this allowance and after Income Tax, National Insurance, and expenses (both expenses related to your carer work and expenses for self-employment, etc.). You can only claim the allowance once, rather than for each person you care for.
You’ll also be given National Insurance credits when you claim. These will entitle you to:
Technically, yes. However, you’ll only have to pay tax on it if you have other sources of taxable income (pension, profit from self-employment, etc.), and these combined with Carer’s Allowance take you over the Personal Allowance.
To get more information about National Insurance Credits, visit the official HMRC website. For support with your accounts as a carer, get in touch with our team today.