Irish rental income

How do you calculate your taxable income?

The rate of tax you will pay on your Irish rental income will depend on your:

You can find further details in the Calculating your Income Tax section.

Your net rental income is your gross rental income less your allowable deductions or expenses. This determines if you have a profit or a loss.

Once you have determined what your net rental income is, you need to then determine what rate of tax you must pay on your total income. You must allow for any tax you have already had deducted through other sources such as PAYE.

Next: Rental profit and losses