Basically an enquiry was made of Dominic Coyle in the business section:
Q. I pay approx €100 per week for rent to my parents and I feed myself, can I claim the rent relief tax credit for this year and the previous years?
A. Possibly, but your parents would then be liable for income tax on the rent you pay them and would have to register as landlords.
I was wondering why would the parents not be eligible for the rent-a-room scheme relief?
Q. I pay approx €100 per week for rent to my parents and I feed myself, can I claim the rent relief tax credit for this year and the previous years?
A. Possibly, but your parents would then be liable for income tax on the rent you pay them and would have to register as landlords.
I was wondering why would the parents not be eligible for the rent-a-room scheme relief?