If you are looking for more information on the Rent Tax Credit and who can claim it, contact Nuala McGowan, ACA, CPA, AIA, and founder of McGowan Accountancy Services, who is a certified tax advisor, with many years of experience in this area.

The Rent Tax Credit is a tax relief for private tenants, offering a 20% reduction on rent paid up to a maximum of €1,000 per year for individuals (€2,000 for jointly assessed couples) for the tax years 2022 to 2028. It applies to primary residences, second homes for work/study, and “digs”.

Who Can Claim the Rent Tax Credit:

• Eligible Renters: You must pay tax in Ireland and pay rent for a qualifying rental property.

• Tenancy Type: The property must be registered with the Residential Tenancies Board (RTB) (or “rent-a-room”/”digs” arrangements).

• Parents: Parents paying for their child to attend college can claim it if the child is in a qualifying tenancy.

• Restrictions: You cannot claim it if you receive state housing support (e.g., HAP), rent from a Housing Association, or if you are renting from your parent or child.

• Excluded People: Members of the Oireachtas cannot claim this credit.

The Rent Tax Credit is available for the tax years 2022 to 2028.

The Rent Tax Credit reduces the amount of Income Tax that you are due to pay for a tax year.

To benefit from the Rent Tax Credit, you must have an Income Tax liability to offset against it

You can now claim your Rent Tax Credit for the 2025 tax year on your Income Tax Return.

For further information on claiming the credit contact Nuala on (090) 66 25818 or email nuala@mcgowanaccountancy.com