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
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