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RAS scheme

  • 22-08-2015 9:11am
    #1
    deseil
    Closed Accounts Posts: 333 ✭✭


    Hi
    I really want to move out of the area im living in I want to rent my house out and rent somewhere else.
    Im thinking of signing up as a landlord to the ras scheme does anyone have any experience doing something similar.
    Do I have to pay tax on the rental income? Are the rents paid by the council much less than if rented out privately?

    Thanks in advance


Comments

  • #2
    athtrasna
    Closed Accounts Posts: 13,420 ✭✭✭✭athtrasna


    deseil wrote: »
    Hi
    I really want to move out of the area im living in I want to rent my house out and rent somewhere else.
    Im thinking of signing up as a landlord to the ras scheme does anyone have any experience doing something similar.
    Do I have to pay tax on the rental income? Are the rents paid by the council much less than if rented out privately?

    Thanks in advance

    Do a search on this forum. It's been discussed at length. Yes you do have to pay tax on the income and yes rents are below market rate.


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