What are the tax benefits related to Personal Services / CESU benefits?

The benefits of Personal Services allow you to enjoy a favourable tax framework, combining tax exemption and tax credit. Here's how it works:

1. A non-taxable employer contribution

The portion funded by your employer for personal services is exempt from income tax.

2. The 50% tax credit

For the portion you pay yourself (the amounts you personally spend), you benefit from a 50% tax credit.

The calculation to remember: The tax credit applies to your total expenses, after deducting the portion funded by your employer.