Another rent relief question

RobAMerc

Hi guy's,

Quick question regarding calculating rent relief.

My wife and I both earn in the 42% bracket.
We've paid rent of 1300 for the last year.
Can come one give me an estimate of what we'd be entitled to with regard to rent relief?

Thanks
Rob

yan

400 euros between you if you are married 400 euros each if you are not!

RobAMerc

what ? only half coz we're married - yet another reason I was right about staying single

Thanks for the help.
Rob

samsung22

The rent relief for a single person can be claimed up to a limit of €2000 per year at a rate of 20% i.e. you can claim relief of 400 per year.

For a married couple assessed on a joint basis the limit rises to €4000 i.e. 800 can be claimed in rent relief.

In your case it appears that you can claim relief of 20% of 1300 which is 260 euro.

Ste.phen

samsung22 wrote: »

The rent relief for a single person can be claimed up to a limit of €2000 per year at a rate of 20% i.e. you can claim relief of 400 per year.

For a married couple assessed on a joint basis the limit rises to €4000 i.e. 800 can be claimed in rent relief.

In your case it appears that you can claim relief of 20% of 1300 which is 260 euro.

I imagine he's paying that monthly, so will get the full amount when worked out over the year, which is 400 each, right?

samsung22

Correct.