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Rent Relief

  • 19-01-2008 1:57pm
    #1
    hit_it_strong
    Registered Users, Registered Users 2 Posts: 51 ✭✭


    I only heard about this a while ago and it sounds too good to be true. Can you get the tax back on all your rent?

    Supposing you're in the 40% tax bracket and pay €500 a month rent (€6,000 a year). Does this mean you get €2,400 back at the end of it?

    Anyone have any experinces / advice?


Comments

  • #2
    is_that_so
    Registered Users, Registered Users 2 Posts: 32,136 ✭✭✭✭is_that_so


    Linky here.
    Also check out Revenue.


  • #3
    hit_it_strong
    Registered Users, Registered Users 2 Posts: 51 ✭✭hit_it_strong


    Looks like you can only claim the tax off whatever amount they set which is €2,000 for 2008. So you can only get 20% of that which is €400. :(


  • #4
    Nalz
    Registered Users, Registered Users 2 Posts: 16,891 ✭✭✭✭Nalz


    I posted a question about multiple houses over a few years in another thread? can anyone shed light on that matter for me?


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