Taxpayer's father had a stroke leaving him needing 24 hour care. Father moved in with his son and family and agreed to pay a monthly sum to cover the costs of living in the home which also recognises that his son is no longer able to work as he needs to be home to provide care.
Would some or all of this payment be taxable as income? Would it be possible to split it between, rent (up to level of rent a room relief for example), food and care?
Initially, i had assumed it would be fully taxable, but this thread has given me hope that some of it at least could be deemed not to be income https://www.accountingweb.co.uk/any-answers/should-rent-a-room-relief-in...
What do you think?