Dáil Éireann Debate, Wednesday - 5 February 2025
248. Deputy Barry Heneghan asked the Minister for Finance the measures that will be introduced to reduce taxation on rental income to encourage more landlords to remain in the market; and if he will make a statement on the matter. [3579/25]
View answerAs the Deputy will appreciate, decisions regarding taxation measures are made in the context of the annual Budget and Finance Bill processes, at the appropriate time, and having regard to the sound management of the public finances.
However, and as the deputy may be aware, the Residential Premises Rental Income Relief (RPRIR) provides relief, at the standard rate, on a portion of a landlord’s residential rental income. The relief is €3,000 in the tax year 2024, €4,000 in the tax year 2025 and €5,000 in the tax years 2026 and 2027, which is equivalent to a tax credit of up to €600, €800 and €1,000 respectively. This measure is effective until the end of 2027.
