Leasing farm land You may claim Income Tax (IT) relief on income that you earn from the long-term leasing of your farm land. Your farm land must be in Ireland and the tax relief cannot operate to create a loss. You cannot lease your land to a close relative. You should use the Revenue Online Service (ROS) to declare…
How to get off emergency tax You will be taxed on an emergency basis where your employer has not received a Revenue Payroll Notification (RPN). This may occur where: you have not provided your employer with a Personal Public Service Number (PPSN) you have not registered your first employment with Revenue. If you have worked in…
What expenses are allowed againt rental income? You can claim certain expenses against your rental income to reduce the amount of tax you will have to pay. General expenses Allowable expenses include: rates you pay to a local authority for the property rents you pay for property such as ground rents Mortgage interest if you…
