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Rent a Room

  • 10-03-2018 10:21am
    #1
    sohappy
    Registered Users, Registered Users 2 Posts: 665 ✭✭✭


    I am self employed and live 120 miles outside Dublin, I travel to Dublin for work on a monday and return home on friday evening,
    If I rent a room from someone monday to friday In Dublin am I allowed to claim this as a business expense?
    Also does the owner of the house qualify for the rent a room relief?


Comments

  • #2
    srsly78
    Registered Users, Registered Users 2 Posts: 7,157 ✭✭✭srsly78


    No and probably no.


  • #3
    Samuel T. Cogley
    Registered Users, Registered Users 2 Posts: 10,684 ✭✭✭✭Samuel T. Cogley


    No and arguably No but possibly yes. You'd have to have a read of the conditions of PPR and make sure you did everything to maintain it as a base.


  • #4
    Ciaran
    Registered Users, Registered Users 2 Posts: 939 ✭✭✭Ciaran


    sohappy wrote: »
    Also does the owner of the house qualify for the rent a room relief?

    If it's their PPR (i.e. they're living there as well), the gross rent is under €14k and they're not your parent they likely will


  • #5
    wally1990
    Registered Users, Registered Users 2 Posts: 1,228 ✭✭✭wally1990


    No your are talking about 2 completely different things

    1- you can rent out a room in your *own* private own to someone else and earn up up €14,000 tax free

    2 - you are asking to rent a room from someone to be closer to work

    This is not allowed as it is not tax deductible as it falls under commuting however if you needed to actually relocate home that being leave your other home altogether and source accommodation at a new work place you Maybe entitied to relocation expenses for up to 3 months temporary rent (but you must move home/residence)

    However if you only rent Monday to Friday and do not actually move home you are not allowed relocation expenses

    However , if you have your own limited company you may have the option to pay the accommodation directly from the company prior to your drawing a salary and it is deductible against corporatation tax and you pay BIK on it

    You cannot deduct the accommodation against your salary thought as it is not tax deductible


  • #6
    Cupcakes1995
    Registered Users, Registered Users 2 Posts: 2 ✭Cupcakes1995


    The home owner can rent a room (up to about 14k I think)


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  • #7
    Samuel T. Cogley
    Registered Users, Registered Users 2 Posts: 10,684 ✭✭✭✭Samuel T. Cogley


    Cupcakes1995 wrote: »
    The home owner can rent a room (up to about 14k I think)

    But it has to be their PPR.


  • #8
    sohappy
    Registered Users, Registered Users 2 Posts: 665 ✭✭✭sohappy


    Thanks for the replies.
    So I guess I can't claim the accommodation as an an expense.
    But the person renting the room to me pays no tax on the rent as it's under 14k and it's their principal home and they live there.


  • #9
    Samuel T. Cogley
    Registered Users, Registered Users 2 Posts: 10,684 ✭✭✭✭Samuel T. Cogley


    sohappy wrote: »
    Thanks for the replies.
    So I guess I can't claim the accommodation as an an expense.
    But the person renting the room to me pays no tax on the rent as it's under 14k and it's their principal home and they live there.

    Sorry misread the OP - no they don't pay tax under 14K but it does have to be declared.


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