Your Practical Tax Guide
for Irish Landlords

Rental income in Ireland is taxed under self-assessment: you pay income tax, USC and PRSI on your net rental profit after allowable expenses are deducted.

Irish landlords can usually deduct mortgage interest (if RTB-registered), repairs and maintenance, insurance, letting and management fees, accountancy and legal costs, RTB fees, and a share of costs like service charges that they don’t pass on to the tenant.

Yes. Rental profit is added to your other income and charged to USC at the standard USC income bands, with an additional 3% USC surcharge on non-PAYE income over €100,000.

In most cases, rental income is liable to PRSI at the Class S rate if your non-PAYE income (including rents) is above the Revenue thresholds, even if you also have PAYE employment.

The main reliefs are deductible expenses, 100% mortgage interest relief on qualifying loans, capital allowances on furniture and fittings, pre-letting expenses for vacant properties, and the Residential Premises Rental Income Relief for compliant landlords.

Yes. To claim mortgage interest relief and certain other landlord tax reliefs, the property must be properly registered with the Residential Tenancies Board (RTB).

Irish landlords report rental income on a Form 11 under Case V income, calculate net rental profit after expenses, and pay income tax, USC and PRSI through the self-assessment system.

Yes. If your allowable expenses exceed your rental income in a year, the resulting rental loss can usually be carried forward and offset against future Irish rental profits from other years.

This relief gives eligible individual landlords a limited income tax reduction on qualifying rental profits between 2024 and 2027, as long as they keep the property in the rental market and meet all conditions.

Yes, any gain on the sale of a rental property may be liable to Capital Gains Tax, although certain reliefs and deductible costs (like enhancement expenditure and buying/selling costs) can reduce the taxable gain.