Hi I am wondering what would be the tax liablity in the following scenario:
I have bought a property for €630k and as it was new had no stamp duty to pay. I am planning to rent a room to help pay the mortgage under the rent-a-room scheme.
What would happen if I take a year out to travel and rent out the property for that year and then return to it as my PPR.
What tax liablity would i face?
I have bought a property for €630k and as it was new had no stamp duty to pay. I am planning to rent a room to help pay the mortgage under the rent-a-room scheme.
What would happen if I take a year out to travel and rent out the property for that year and then return to it as my PPR.
What tax liablity would i face?