Tax Credits & Reliefs >> Tax Credit for Private Rented Accommodation

You must have been renting a property as your residence on the 7\'th December 2010 to be allowed claim tax relief for later tax years.

The rate of tax relief is being phased out over the years 2010 to 2017. There will be no tax relief allowed after 2017. 

Tax relief is due at the standard rate of tax (20%) for rent paid during the tax year in respect of a property used as your private residence. There is a ceiling on the amount of the tax relief that you receive. This ceiling depends on age( under 55 ) and if single or married/in a civil partnership.

The maximum tax relief for 2012 is as follows

Under 55 and single €1,200 @ 20% = €240

Age 55 + and single €2,400 @ 20% = €480

Under 55 and married €2,400 @ 20% = €480

Age 55 + and married €4,800 @ 20% = €960

The maximum tax relief for 2013 is as follows

Under 55 and single €1,000 @ 20% = €200

Age 55 + and single €2,000 @ 20% = €400

Under 55 and married €2,000 @ 20% = €400

Age 55 + and married €3,600 @ 20% = €720

Our tax calculators will automatically give the tax relief you are due when using our systems to complete your tax return form.