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Not sure - you would probably need independent, professional advice to see if/how your PPR status was impacted by an extended trip abroad and renting the property out.Thanks for that - that's what I feared. If I didn't collect more than €10k in rent, would that make a difference?
I would be more inclined to get a professional opinion than depend on this sort of gut feeling.If it's still your PPR and all your stuff is still there then I don't see how the rent a room rules would not apply.
Make sure your post still goes to that address and have your tenant sign a contract specifying that it's a rent a room type letting and I'd say you will be OK.
Revenue don't issue advice - just information. And don't even depend on that being accurate all of the time. Also - making an incorrect decision/return based on inaccurate information that they gave out will not be entertained as a valid excuse for doing so.There's no harm calling Revenue for their advice but do note that it's just advice and is not a legal ruling.
I agree that a professional opinion would be a good idea but it will still be a grey area no matter who is consulted. BTW I have found Revenue very helpful for information and advice over the years.I would be more inclined to get a professional opinion than depend on this sort of gut feeling.
Revenue don't issue advice - just information. And don't even depend on that being accurate all of the time. Also - making an incorrect decision/return based on inaccurate information that they gave out will not be entertained as a valid excuse for doing so.
it will still be a grey area no matter who is consulted.
If there is no cut and dry precedent then no professional advice is going to be conclusive. The OP will fork out for a qualified opinion which therefore will not give then the protection of the professionals insurance.At least if you act on foot of professional advice you will be covered to some extent by the professional indemnity insurance of the practitioner. The same certainly does not apply to acting on foot of advice from online forums or raw information (even if accurate) directly from Revenue.
Not a good way to approach tax planning and potential liabilities.In the end it will be suck it and see.
You get a gold star for stating the obviousNot a good way to approach tax planning and potential liabilities.
You get a gold star for stating the obvious
My point is that in my opinion, and I'm open to correction, the OP is not going to get a copper-fastened ass-covering letter from any accountant or tax advisor.
The OP will fork out for a qualified opinion...
In many cases this needs to be done in response to queries here. The obvious is not always obvious to everybody.You get a gold star for stating the obvious
If they follow your guidance and take a chance on it, they could well be "forking out" quite a lot in the long run.
In many cases this needs to be done in response to queries here. The obvious is not always obvious to everybody.
Of course it's not - but it's presumably a professional opinion based on an expert reading of the tax legislation and knowledge of precedent etc. which will most likely be more authoritative than raw information (potentially subject to error or omission) issued by Revenue or the gut feeling of an internet message board poster.I'm not disagreeing with you but some people seem to think that the opinion of an accountant on tax issues (or solicitors on legal issues) is gospel.
I'm not disagreeing with you but some people seem to think that the opinion of an accountant on tax issues (or solicitors on legal issues) is gospel. I just wanted to highlight the fact that in the absence of clear legislation or a ruling on the issue it is just an educated opinion.
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