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Library of Knowledge No. 69

Rent Tax Credit – claimable by tenants from 2022 to 2025.

2022 & 2023 Credit Claim

€ 500 for an individual

€ 1,000 for a couple who are jointly assessed for tax.

2024 – 2025 Credit Claim

€ 750 for an individual

€ 1,500 for a couple who are jointly assessed for tax.

If you pay rent, you may qualify for the Rent Tax Credit. 

Note:

• If a number of tenants pay the rent for a property, each individual or couple can claim the Rent Tax Credit for the rent they pay.
• Not claimable if renting from a housing association or approved housing body, a local authority, your parent or your child.

The rent payments must be for a home that is in Ireland.

Details required, to claim the credit are:

• Landlords – Name, Address, PPS No., RTB No. (Residential Tenancy Board)

• Address of rental property plus LPT property no.

• Commencement date

• Amount of rent paid

The credit can be claimed via your MyAccount or your annual income tax return, if self employed.

You cannot claim for payments for:

• A security deposit
• Repairs or maintenance
• Board, laundry, utilities or other services

Rent Credit for ‘Dig’s while attending approved courses.

In due course (as announced in Budget 2024), parents will also be able to claim Rent Tax Credit for their children’s  ‘digs’ rented to attend an approved course.

RTB registration is not essential in this case. When this change is introduced, it will also apply retrospectively for 2022 and 2023.

If your landlord prefers, they can give this information to Revenue directly through revenue myEnquiries. They should also give the Registered Tenancy number.

For more information, see: https://www.revenue.ie/en/personal-tax-credits-reliefs-and-exemptions/rent-credit/index.aspx

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