Glossary · Property
Rental income
Rent from property, taxed as income after allowable expenses.
Net rental profit (rent less costs) is added to your other income and taxed at your marginal rate, with USC and usually PRSI. Landlords generally file a Form 11; a PAYE worker with a small rental profit may be able to declare it in myAccount.
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Related terms
Gross rental receipts · Net rental profit · Allowable rental expenses · Rent-a-room relief
All terms · General information, not tax advice.