If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)

Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Rent room / property - Rent-a-Room Scheme

dar100 · 2014-11-11 21:16:58

Hi Quick question. It renting out a room/property, do you have to pay tax on the earnings if they are under 10,000. I know this is due to go up to 12,000 next year. I mean if this is not your only earnings, and let's say you work full time etc, is this still tax free or does it only apply to those who rent and are…

11-11-2014 9:16pm

#1

dar100

Registered Users, Registered Users 2 Posts: 1,735 ✭✭✭

Join Date: March 2012

Posts: 1598

Hi

Quick question.

It renting out a room/property, do you have to pay tax on the earnings if they are under 10,000. I know this is due to go up to 12,000 next year.

I mean if this is not your only earnings, and let's say you work full time etc, is this still tax free or does it only apply to those who rent and are unemployed

0

Comments

#2 11-11-2014 10:12pm

Victor

Registered Users, Registered Users 2 Posts: 78,577 ✭✭✭✭

Join Date: December 2000

Posts: 68938

If you are renting our rooms in your own residence, you can receive rent (including utilities and all other payments) to the tune of €10,000 / €12,000 tax free.

If you don't live there, there is no exemption.

http://www.revenue.ie/en/tax/it/leaflets/it70.html#section11

0