Rent Relief

cantona92

Is it possible to claim tax back/rent relief on rent paid in 2004/2005??

discosue

Yeah you can claim for 3 years previous as far as I know

cantona92

What about if you paid rent in your parents house, say €100 a week for 3 years??

daveirl

This post has been deleted.

discosue

cantona92 wrote:

What about if you paid rent in your parents house, say €100 a week for 3 years??

I claimed a few months ago for €50 a wk for the last 3 years for living in my parents and got a cheque in the post no bother 5 wks later........ said on the form if asked to produce receipts you will need to but I was never asked!

From what I remember you can earn €7,500 or €7,650 rental on a room annualy exempt from tax so your parents shouldn't get stung at €100 a wk

cantona92

Disco sue, how much did you get back if you dont mind me asking??

serotonin_sam

What if you had parents who were receiving non-contributory pensions. Would this income effect them then?

<EDIT> Just found this on the oasis.gov.ie site:
Effect of rental income on social welfare payments

If you are getting a means-tested social assistance payment from the Department of Social and Family Affairs any rental income you get will be assessed as means and may effect your payment. However, rental income will not be assessed as means, if you are getting an Old Age (Non-Contributory) Pension or Widow's/Widower's (Non-Contributory) Pension and you would be living alone unless you rented out a room in your home.
So if i'm reading that right, if one of the two parents was on non-contrib. pension and the other was still living there, I wouldnt be entitled to claim without it affecting the pension?
</EDIT>

cantona92

Does anyone know how much you can actually get back (claim) in one year. Say if I am paying 100 per week to my mum, how much of that will I receive back? Or whats the maximum?

gurramok

cantona92 wrote:

Does anyone know how much you can actually get back (claim) in one year. Say if I am paying 100 per week to my mum, how much of that will I receive back? Or whats the maximum?

Its 330 for '06, check revenue website for totals.

You can claim as far back as '02 assuming you were in fulltime employment since then.
For '06 they dont send you a cheque, its added to your tax credits for the year.

cantona92

So im after claiming for 2002, 03, 04, 05 - does that mean i will get 330 per yr or therabouts??

discosue

cantona92 wrote:

Disco sue, how much did you get back if you dont mind me asking??

About €750 in cheques and then I got some money back with my wages, can't remember how much that was sorry

ircoha

serotonin_sam wrote:

What if you had parents who were receiving non-contributory pensions. Would this income effect them then?

<EDIT> Just found this on the oasis.gov.ie site:
Effect of rental income on social welfare payments

If you are getting a means-tested social assistance payment from the Department of Social and Family Affairs any rental income you get will be assessed as means and may effect your payment.
However, rental income will not be assessed as means, if you are getting an Old Age (Non-Contributory) Pension or Widow's/Widower's (Non-Contributory) Pension and you would be living alone unless you rented out a room in your home.

So if i'm reading that right, if one of the two parents was on non-contrib. pension and the other was still living there, I wouldnt be entitled to claim without it affecting the pension?correct
</EDIT>

gurramok

cantona92 wrote:

So im after claiming for 2002, 03, 04, 05 - does that mean i will get 330 per yr or therabouts??

Nope.

'06 is 330.
'05 is 300
'04 is 254
'03 is 254
'02 is 254

I know as i claimed the exact same thing and have revenue statements of it

Yorky

Does anyone have a definitive answer on this i.e. can parents receive rent under the RaRS and can the child receive rent relief on rent paid?