Shared Lives - Tax Benefits
It is a big commitment sharing your home with someone and although many people will not be principally motivated by money, people still need to be able to make a living as a carer. In addition to our payments you may well benefit from tax arrangements for Shared Lives carers.
Shared Lives Carers are officially recognised by HMRC (Her Majesty's Revenue and Customs) and income from being a Shared Lives carer is treated in a similar way to that of foster carers with a beneficial tax arrangement.