A new rent tax credit was introduced in Budget 2023. This new tax credit is available for the tax years 2022 to 2025 inclusive – so take note, a back claim can be made for the year 2022! Key details pertaining to the new credit and how to claim as a PAYE employee are outlined below.
Where the claimant pays rent in respect of his or her principal private residence (PPR)
Where the claimant makes a rental payment in respect of a property used by his or her child to facilitate an approved course
Where the claimant makes rental payments in respect of a ‘second home’ e.g. another property used for attendance at work or an approved course
To those receiving State housing support
Where the claimant and landlord are parent/child
Where the landlord is a Housing Association or Approved Housing Body
| Landlords may be required to provide a statement of rental payments along with a copy of the rental agreement to assist tenants with making a claim. The property’s LPT number, the landlord’s correspondence address (including Eircode) and their tax reference number may be provided to the tenant when the tenancy commences or direct to Revenue. |
Sign into MyAccount via www.revenue.ie
Click ‘Review your tax 2019-2022’
Select 2022 and click ‘request’ under the Statement of Liability
Select ‘Complete your Income Tax Return’
In ‘Tax Credits & Reliefs’, select ‘You and your family’ and click ‘Rent Tax Credit’ and enter the relevant information
When all other elements of your 2022 tax return are entered – proceed to complete and submit
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