A Rent Tax Credit was introduced on 15th December 2022. The Rent Tax Credit will be available for the years 2022 to 2025.
Renters can claim the income tax credit for rent payments made in 2022 by making a tax return for 2022.
The amount of the credit is 20% of your rent payments in the year, up to a maximum of:
- €500 for an individual
- €1,000 for a couple who are jointly assessed for tax
The tax credit can be claimed for rent payments made for:
- Your home
- A second home you use to take part in an approved course or your work
- A property used by your child to take part in an approved course, if they are under 23 at the start of their first year
An approved course means a course that is eligible for tax relief on third-level fees.
Registration of tenancy
The tenancy must be registered with the Residential Tenancy Board, unless it is a type of letting where this is not required, called a licence arrangement. This includes a rent-a-room or digs arrangement.
If you are related to your landlord, the tenancy must be registered with the Residential Tenancy Board.
The tax credit does not apply to payments for:
- A security deposit
- Repairs or maintenance
- Board, laundry or other services
Your landlord must not be:
- A housing association or approved housing body
- Your parent
- Your child
For a property used by your child to attend a course, the landlord cannot be any relation to you or your child.
You cannot claim the credit if you are getting housing support such as the Housing Assistance Payment, Rent Supplement or Rental Accommodation Scheme.
Revenue has published a detailed guide to the Rent Tax Credit (pdf).