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Proof of Rental income tax when selling

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    #62
    AndrewJRenko
    Registered Users Posts: 29,002 ✭✭✭✭AndrewJRenko


    Rob01 wrote: »
    As an answer to your question, the banks are not linked to revenue and do not share mortgage application details with Revenue. So no, they should not ask you.

    Or to be more specific, the banks are not linked to revenue today and do not share mortgage application details with Revenue today.


    But who knows what information they're going to share tomorrow.


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    #63
    Rob01
    Registered Users Posts: 280 ✭✭Rob01


    4ensic15 wrote: »
    The banks quite often ask for tax clearance when giving loans. They are concerned that a large tax bill may show up and cause their borrower difficulty which may ultimately become a problem for the bank.

    Correct they do, but seen as the OP has never declared the rental income tax clearance won't be a problem


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    #64
    4ensic15
    Banned (with Prison Access) Posts: 4,691 ✭✭✭4ensic15


    Rob01 wrote: »
    Correct they do, but seen as the OP has never declared the rental income tax clearance won't be a problem

    He will presumably tell the bank about the house. It will look very odd for a PAYE case to be looking for tax clearance.


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