Revenue set sights on babysitting tax

First it was bin tax, then water tax and, now, even babysitting money is targeted for tax.

The Revenue has issued advice to childminders that they must declare their income, even if earnings are below the tax threshold or they are entitled to an exemption.

Tax experts say that even if they have no other income, childminders may need to register for self-assessment and submit a tax return. If they have other income, this could impact on their PRSI position too.