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Rent allowance and PAYE!

high beam · 2010-09-28 13:24:55

Hi all, My sister and I have a house together. When bought we said it was going to be owner occupied but between one thing and another we no lonnger live there. It is now up for rent and we are wondering what consequences it would be to our taxes etc if we accept rent allowance. We are both in full time employment. Any…

28-09-2010 1:24pm

#1

high beam

Registered Users, Registered Users 2 Posts: 30 ✭

Join Date: January 2009

Posts: 17

Hi all,

My sister and I have a house together. When bought we said it was going to be owner occupied but between one thing and another we no lonnger live there.

It is now up for rent and we are wondering what consequences it would be to our taxes etc if we accept rent allowance.

We are both in full time employment.

Any info would be appreciated.

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Comments

#2 28-09-2010 1:28pm

Jarren

Closed Accounts Posts: 4,692 ✭✭✭

Join Date: May 2008

Posts: 4401

look here ! http://www.revenue.ie/en/tax/it/rental-income.html

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#3 28-09-2010 1:31pm

high beam

Registered Users, Registered Users 2 Posts: 30 ✭

Join Date: January 2009

Posts: 17

Cheers J,

But there are two of us involved and also its not owner occupied....

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