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Home   Personal tax credits, reliefs and exemptions   Land and property

Rent Tax Credit

  1. Overview
  2. Qualifying conditions for all claimants
  3. Further conditions where a property is used as principal private residence
  4. Further conditions where a property is used as second home
  5. Further conditions where a property is used by your child
  6. How much can you claim?
  7. How to claim

How much can you claim?

The Rent Tax Credit reduces the amount of Income Tax that you are due to pay for a tax year.

To benefit you must have an Income Tax liability to offset against your Rent Tax Credit. The credit does not provide relief against Universal Social Charge (USC) or Pay Related Social Insurance (PRSI).

If the credit due exceeds your Income Tax liability, you will not be able to fully utilise the credit.

Tax relief is granted at 20%. 

For 2024 and 2025, the maximum amount you can claim is:

  • €2,000 for a jointly assessed couple
  • or
  • €1,000 for all other cases.

For 2022 and 2023, the maximum amount you can claim is:

  • €1,000 for a jointly assessed couple
  • or
  • €500 for all other cases.

If the Rent Tax Credit exceeds your Income Tax liability the claim would be equal to your total Income Tax liability for the year.

  • Example 1

    Jane is single and made rent payments of €1,500 each month in 2024. Jane’s Income Tax liability for 2024, after all other credits, reliefs and allowances, was €16,500.

    Jane satisfies all conditions of the Rent Tax Credit. Jane will be entitled to rent a credit of €1,000 for 2024, being the lower of the amounts below:

    Jane's Rent Tax Credit
    DescriptionAmount 
    The total of all rent payments made by Jane of €18,000 at 20% €3,600
    The specified amount of €5,000 at 20% €1,000
    The amount required to reduce Jane’s Income Tax liability to nil €16,500

Next: How to claim

Published: 06 January 2025 Print this pagePrint all pages in 'Rent Tax Credit'

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