RENTAL PROPERTY

includes information on taxation issues surrounding investment property

2017 IRISH SELF ASSESSMENT DEADLINE

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Self assessment deadline is 31st October 2017 for self-employed taxpayers, PAYE workers and retired persons with other income. Self employed taxpayers: Must submit accounts for the accounting year that ends in 2016. If the accounting year ends on 30th June 2016, these accounts are submitted on the 2016 Form 11.  It is important to note … Read more 2017 IRISH SELF ASSESSMENT DEADLINE

RENTAL EXPENSES – WHAT CAN BE CLAIMED?

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Rents are increasing so landlords must ensure they claim all their rental expenses to minimise their tax. Taxable rent is the difference between rental income and rental expenses paid. What rental expenses can be claimed? Landlords can claim rental expenses for all expenditure incurred during the letting of a property and in between lettings. PRE-LETTING … Read more RENTAL EXPENSES – WHAT CAN BE CLAIMED?

ROS – PAY & FILE DEADLINE EXTENSION 2017

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ROS pay and file extension date announced Date of extension The ROS pay and file extension date for filing your Income Tax and Capital Acquisitions Tax returns is 16th November 2017 (originally 14th November 2017). To Qualify: Taxpayers who wish to avail of this extension must file their Form 11/Cat return and make the appropriate … Read more ROS – PAY & FILE DEADLINE EXTENSION 2017

NON PRINCIPAL PRIVATE RESIDENCE CHARGE (NPPR).

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NPPR tax refund for 2013.   Recent High Court decision on NPPR. In November 2016, the High Court ruled that the non-principal private residence charge (NPPR) is deductible against rental profits. The Revenue were appealing a previous decision by the tax appeal commissioner which found in favour of a landlord who had disputed the Revenue’s … Read more NON PRINCIPAL PRIVATE RESIDENCE CHARGE (NPPR).