3% of childminders applied for €10,000 tax exemption

MOST childminders have been put off from applying for the Government’s much-heralded €10,000 tax exemption because it prevents them from writing off legitimately accrued expenses.

Fine Gael’s spokesperson on social and family affairs David Stanton revealed that just 3% of the estimated 40,000 childminders had applied for the tax exemption up to the end of May.

The new childminding relief that became available in January exempts a childminder from paying tax on earnings less than €10,000 per annum.