The rent tax credit can be claimed by anyone who rented private accommodation during the years 2022 - 2025 and meets the criteria outlined by Revenue. The amount that can be claimed varies per year.

The maximum tax credit (i.e., tax refund) that can be claimed in respect of each year is as follows;

2022 - €500

2023 - €500

2024 - €1,000

These amounts are doubled in the case of married couples who file a joint tax return.

The rent tax credit is calculated by multiplying the rent paid by 20%. For example, if an individual paid €1,500 in rent, they will receive a tax credit of €300 (€1,500 x 20%). This is capped at €500 (i.e., €2,500 rent paid multiplied by 20%) for 2022 and 2023. The credit is capped at €1,000 (i.e., €5,000 rent paid multiplied by 20%) for 2024. These caps are doubled for married couples filing jointly.

The tenancy must be registered with the Residential Tenancies Board (RTB).

How to Claim?

You can claim the rent tax credit on your tax return. This can be completed via Revenue's website.

If you would like our expert tax consultants to perform a full review of your position and claim the rent credit as well as any other tax credits you may be entitled to, please fill out the form below.

https://www.irishtachub.ie/tax-return-services