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Residential Premises Rental Income Relief (RPRIR)

  1. Overview
  2. Who can claim the relief?
  3. Qualifying conditions for claiming the relief
  4. How much relief can you claim?
  5. How to claim the relief
  6. Clawback of the relief

How much relief can you claim?

The amount available depends on the year of assessment for which you claim the relief.

The amount of relief allowablefor each year is restricted to the lessor of:

  • €600 in 2024
  • €800 in 2025
  • €1,000 in 2026 and 2027
  • or
  • 20% of the landlord’s Case V (rental income) profit from rented residential premises (less capital allowances and Case V losses carried forward) for the year.

If you rent more than one residential premises, you can only claim a single tax relief for each year.

  • Example

    Alex is a landlord of a qualifying premises and has gross rental income of €8,000 for 2024. He has capital allowances of €3,500 and Case V losses of €2,500. He must calculate his net rental income as follows:

    Net rental income calculations
     Descriptions Calculations Totals
     Gross rental income     €8,000
    Less capital allowances  €3,500  
    Surplus    €4,500
    Less Case V losses  €2,500  
    Net rental income    €2,000

    Alex has net rental income of €2,000 in 2024. Alex can claim relief of €400. The net rent received at 20% is less than the maximum relief of €600 available for that year of assessment.

Next: How to claim the relief

Published: 26 February 2024 Print this page

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