Rent a Room relief threshold increased to €12,000

[Brendan Burgess]

Not in the speech, but in the Summary of Budget 2015 Taxation Measures - Policy Changes

[FONT=&quot]Rent-A-Room Relief[/FONT][FONT=&quot][/FONT]
[FONT=&quot]T[/FONT][FONT=&quot]he threshold for exempt income under the rent-a-[/FONT][FONT=&quot][/FONT]
[FONT=&quot]room scheme is being increased to €12,000 per[/FONT][FONT=&quot][/FONT]
[FONT=&quot]annum.[/FONT]

 

[moneybox]

Does this mean a tenant will have to pay up to €1000 a month just to rent a room or can a person rent out two rooms to two tenants in their home??

 

[Brendan Burgess]

The total rent must be less than €1,000 a month. It can be paid by any number of tenants.

 

[Macbookair]

What was the amount of rent a room relief before budget?

 

[Lightning]

What was the amount of rent a room relief before budget?

€10,000 per year.

 

[5park]

Can you rent out rooms in your house to individuals, keep room one for yourself but maybe not use it very much and still avail of the rent a room scheme?

 

[peteb]

Once it remains your main residence.

 

[Setanta12]

Note; these renters aren't properly tenants - they're more people with a licence to stay in the property. they don't have the usual tenancy rights