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RAS - does the room rate have to include bills ?

  • 27-03-2019 7:02pm
    #1
    worded
    Registered Users, Registered Users 2 Posts: 4,608 ✭✭✭


    I heard it can be + bills

    Am I correct ?


Comments

  • #2
    Del2005
    Registered Users, Registered Users 2 Posts: 19,031 ✭✭✭✭Del2005


    It can be whatever you want and the licencee agrees to. But once it goes over the threshold you pay tax regardless of what they are paying for.


  • #3
    worded
    Registered Users, Registered Users 2 Posts: 4,608 ✭✭✭worded


    So the bills can be + a variable split?

    The allowance is 1400 PA
    If the total is 1401 is the whole lot taxable or just the 1 euro ?


  • #4
    Dial Hard
    Registered Users, Registered Users 2 Posts: 13,916 ✭✭✭✭Dial Hard


    worded wrote:
    The allowance is 1400 PA If the total is 1401 is the whole lot taxable or just the 1 euro ?

    You missed a zero there. But yes, once you go over the threshold the whole lot is liable for tax.


  • #5
    worded
    Registered Users, Registered Users 2 Posts: 4,608 ✭✭✭worded


    Thanks, yes I was missing a 0

    Last question I think ...

    If the property is in a rent pressure zone is it subject to the same laws of max *% PA increase? Or can it jump to whatever between lets?


  • #6
    dudara
    Registered Users, Registered Users 2 Posts: 33,518 ✭✭✭✭dudara


    Rent a Room scheme is not governed by RpZ legislation, as the people who rent the room are licensees, not tenants.


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  • #7
    Caranica
    Registered Users, Registered Users 2 Posts: 10,141 ✭✭✭✭Caranica


    Is it rent a room you're talking about or RAS as per your thread title. There's a whole load of difference.


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