Revenue eBrief No. 300/24
05 December 2024
Pre-letting expenses
Tax and Duty Manual 04-08-11, "Pre-letting expenditure in respect of vacant residential premises", has been updated in the Introduction.
This is to reflect the amendment in Finance Act 2024 to section 97A(2) Taxes Consolidation Act 1997 the period during which expenses incurred on a vacant residential property are allowed as a deduction against rental income from those premises. The Finance Act 2024 extended the end date for the relief until 31 December 2027.