I would not have thought so. Generally PRSI linked benefits would not be affected by additional income while means tested ones would be. Isn't it the case that the Old Age (Contributory) Pension is PRSI linked while the Old Age (Non-Contributory) Pension is means tested? As such I would have expected the latter to be potentially affected by additional income whereas the former would not once one has the required PRSI contributions.But they do not effect the Old Age (Non Contributory) Pension
Presumably because in the latter case the individual is incurring a rental expense while in the latter they are not. Why should somebody who is not incurring rental expenses get the allowance?.I was wondering why someone in receipt of unemployment benefit is not given a rent allowance if they are living at home, while people paying rent to parents are allowed to claim tax relief? Why is it not considered a legitimate expense in the former, but legitimate in the latter?
Presumably because in the latter case the individual is incurring a rental expense while in the latter they are not. Why should somebody who is not incurring rental expenses get the allowance?
Who says that they are not?If one then becomes unemployed...why aren't the same parents still entitled to rent from the child?
Who says that they are necessarily unable to pay? Unemployment Benefit is not means tested so the claimant could have significant savings from which they could pay rent.The are still considered a tenant aren't they? Nothing has changed except the adult child is unemployed and unable to pay!
Sorry - if that is explicitly stated somewhere as an exclusion then I agree that it's a bit odd.Someone who is unemployed and living at home is not entitled to this Rent Allowance even though they may pay their parents rent.
If that is explicitly stated somewhere then it does seem odd alright.The point is that when someone who does NOT live at home is unemployed they are entitled to Rent Allowance on top of the unemployment benefit.
I'm a bit confused now - are you talking about Rent Allowance or Rent [income tax] Relief for Private Rented Accommodation?Presumably if tax credits are given to someone paying rent to parents then Rev. consider the parents to be landlords. Why aren't they considered landlords if the child becomes unemployed?.
If that is explicitly stated somewhere then it does seem odd alright.
I'm a bit confused now - are you talking about Rent Allowance or Rent [income tax] Relief for Private Rented Accommodation?
As someone with considerable day-to-day experience of personal tax issues including dealing with Revenue on behalf of clients, I would urge readers to exercise extreme caution before acting on some of the patently reckless advice above.
ubiquitous said:Patterns of backdating form 12 tax returns for earlier years, and claiming tax benefits on the basis of unverified transactions between related parties, as recommended above, may well lead the Revenue to treat all such applications as "artificial tax avoidance" - in which case they may disallow any tax benefit arising and raise assessments for recovery of these sums plus interest and penalties.
[broken link removed]Revenue said:Can rent allowance be claimed by a tenant where the relief applies?
Where the facts and circumstances are such that Section 473 applies the rent allowance may be claimed. In the case of payments made by children in respect of the family home it is Revenue’s view that, in general, such payments are not rent within the meaning of section 473.
[broken link removed]
Just came across this one.
Still in £'s so very dated, but still given as reference on the Revenue site.
Budget 2007
Rent-a-Room Scheme
From 1 January 2007, it is proposed to close off use of the Rent-a-Room Scheme where the rent received is from connected persons who in turn are claiming rent relief.
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