Residential Premises Rental Income Relief (RPRIR)

Clawback of the relief

The relief will be clawed back in the following circumstances:

  • Where the premises is disposed of within 4 years of the first year in which relief is claimed. If the ownership of the premises changes, this is also a disposal for the purpose of this relief.
  • Where the premises is not rented to a tenant and is not being actively marketed for rent.
  • Where the use of the premises has changed, for example, renting the premises as a holiday home.
  • Where the premises is let to a connected person.
  • Where the Local Property Tax (LPT) requirements for all qualifying properties are not met.
  • or
  • Where the landlord does not hold a valid Tax Clearance Certificate on 31 December of that year.