Non resident landlord tax

guerngirl

Frequent Poster
Messages
73
On a rental income of 30,000€ how much would the net tax liability work out as for a non-resident landlord with no other income in Ireland? Is the general rule that it works out around 20% tax on profit?

Income: €30,000
Management Fees: -€500
Insurance: -€400
Other: -€1000 (upkeep of house, accounting fees etc etc)
LPT not tax deductible but for reference -€500
 

guerngirl

Frequent Poster
Messages
73
Thank you, this is much clearer than the details on the revenue.ie site. Just to clarify, I still think it would be the 20% tax rate applied in this case as the earnings would be under the threshold for the higher tax rate. Is that correct?
 

Bronte

Frequent Poster
Messages
13,686
Yes once you’re under the threshold you pay the lower rate. Why do you not have wear and tear? Prob cost is also deductible etc. Are you the sole owner.
 
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