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Tax Relief

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  • 22-01-2007 9:40am
    #1
    Chardee MacDennis
    Registered Users Posts: 9,225 ✭✭✭


    If I am paying rent in my family home do I or my parents qualify for tax relief on it?

    Thanks


Comments

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    #2
    Bluetonic
    Registered Users Posts: 7,588 ✭✭✭Bluetonic


    Short answer is no, not for the present tax year of 2007.


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    #3
    Victor
    Registered Users Posts: 78,397 ✭✭✭✭Victor


    You can get tax relief (if you are paying income tax) for previous years. However, the Revenue are on the warpath and are looking for leases, bills, etc. and you parents will have to have declared the income (up to 7,000 euor tax free under the Rent-a-Room scheme).


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    #4
    Chardee MacDennis
    Registered Users Posts: 9,225 ✭✭✭Chardee MacDennis


    thanks guys!


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    #5
    Chardee MacDennis
    Registered Users Posts: 9,225 ✭✭✭Chardee MacDennis


    ok what about tax relief on normal rent?


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