April 2022 New legislation commenced 4th April 2022 requires landlords to register their tenancies with the RTB every year, within one month of the anniversary of when the tenancy began.   The RTB’s registration system will notify landlords in advance of the yearly anniversary to the address given but we recommend that you put a calendar in place to ensure that you know in advance when it is required.  It is important to note that reminder notices will be issued to the existing correspondence details held and landlords must ensure that they keep their details up to date with the
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March 2022 RTB Annual Tenancy Registration is coming into effect from the 4th of April 2022.   This means that landlords must register their tenancy every year, within one month of the anniversary of when that tenancy began. This change will apply to new and existing tenancies. There is a four-month transition period, when no late fees will be charged. This transition period will end on the 3rd of August 2022. Annual registration will change the standard fees and late fees for registration for the private rental and the social housing sector (see below table). It is important that all
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March 2022 The Electricity Costs (Domestic Electricity Accounts) Emergency Measures Act 2022 was signed into law on 04 March 2022 establishing the Electricity Costs Emergency Benefit Scheme which will allow for €200 (inclusive of VAT) to be credited to all domestic electricity accounts. The €176.22 credit line (ex VAT) is the amount consumers will see as a credit line item on their bills. Consumers will not need to apply for this or take any further action as the credit will be automatic. Those who pay for the electricity should be beneficiaries of the Scheme. The credit is designed to provide
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The Residential Tenancies (Amendment) (No.2) Bill 2021 provides for:   an amendment to the current prohibition on any rent increase in a Rent Pressure Zone (RPZ) from exceeding general inflation (as recorded by the Harmonised Index of Consumer Prices (HICP)) to insert a new condition that the rent last set cannot increase by more than 2% per annum pro rata.   enhanced protections for tenancies commencing 6 months from enactment, on the basis that after 6 months’ duration, a ‘Part 4 tenancy’ is established for an unlimited duration, until termination by the tenant or by the landlord under section 34
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You may already have been contacted by Revenue with regards to your Local Property Tax. The next valuation date for Local Property Tax is the 1st November 2021. It is important that Landlords are aware of this –  the valuation of your property on the 1st November will determine the LPT amount to be paid annually from 2022 to 2025. LPT details on Revenue’s website are available HERE. Finance (Local Property Tax) Act 2012 (as amended) click HERE   IPOA – SUPPORTING RESIDENTIAL LANDLORDS CONTACT US 01-8276000 / info@ipoa.ie
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