I really thought I didn't owe this but am now confused. I own a property in West Clare ( not rented, used a holiday home primarily by my parents) which I would consider my principal private residence for tax purposes but I live and reside in my parents house in Dublin. Do I still have to pay this tax? Bonkers!
So if somebeody who is in serious financial difficulty and has to move out their house, rent it out and then rent an additional cheaper property to live in... They have to pay this tax???
BTW. I will be selling the house to my parents within a few months and the mortgage will be paid off. It's their tax then
The P11 form has been mentioned a few times in this thread.
Can someone please explain what a P11 is and when it should be filled out in relation to this tax? Is it for landlords or ordinary homeowners?
I can't find it on the Revenue site. Thanks