Rent a room scheme

L

Lone Star

Registered User
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Under rent a room, (14K cut off) are people supposed to notify revenue even if they are well under the 14k? what happens if they don't make a return?
 
Yes you are supposed to include the income on your annual return even if it's below the exemption threshold.

Rent a room tax relief scheme

Rent-a-room relief makes it possible to earn tax-free rental income when you rent out a room in your home to private tenants.
www.citizensinformation.ie www.citizensinformation.ie

I'm not sure what happens if you don't but if you have failed to do this for previous years maybe just get it sorted now?
 
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