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KNOW YOUR RIGHTS: Rent-a-Room Relief Scheme

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In the current housing crisis, people are encouraged to consider letting out rooms in their houses, where they have capacity.

The Rent-a-Room Relief scheme aims to incentivise householders to consider this option.

What is Rent-a-Room Relief?

The Rent-a-Room Relief lets you earn up to €14,000 per year tax-free if you rent out a room (or rooms) in your home to private tenants. A self-contained unit, such as a basement flat or a converted garage attached to your home, can qualify for this relief.
While renting out a room that is part of your home is not covered by landlord and tenant law, renting out a self-contained unit is covered. Depending on their circumstances, your tenant(s) may qualify for the Housing Assistance Payment (HAP). In certain circumstances, a tenant can claim Rent Supplement.

What are the qualifying conditions for the scheme?

For you to qualify for Rent-a-Room Relief, your home must be located in the State and you must occupy it as your sole residence during the year of assessment. This means that it is your home for the greater part of the year and is where people would normally expect to make contact with you. In most cases, you do not have to own the property – you could be a tenant and be sub-letting to someone else (in these cases, you should check with your landlord that sub-letting is allowed). However, if you are renting to a HAP tenant you must own the property and provide proof of ownership.
Currently, the total (gross) rent that you get, which includes any money that the tenant pays for food, utilities, laundry or similar goods and services, cannot exceed €14,000 in the tax year (1 January to 31 December). You cannot deduct expenses from your rental income while claiming Rent-a-Room Relief.
If you qualify for Rent-a-Room Relief, the income you get from renting out the room will be exempt from PRSI, the Universal Social Charge or income tax. However, it must be included on your annual income tax return.

What are the exclusions from Rent-a-Room Relief?

You will not qualify for the relief if:
Your gross income from rent and related services is over €14,000. In this case, Revenue will treat the full rental income minus allowable expenses as part of your total income for tax purposes and this should be included in your tax return.
You are renting the room in your home to your civil partner, son or daughter (but there is no restriction in the case of other family members). You are an employee or office-holder in a company, and the company pays you to allow clients to use the room in your home on an occasional basis. You are renting the room to short-term guests, for example, through an online accommodation booking site.

How would rental income impact on Social Welfare payments?

If you are getting a means-tested weekly social assistance payment, Supplementary Welfare Allowance or Working Family Payment from the Department of Social Protection, you can get up to €269.23 a week (€14,000 per year) for renting out a room in your own home without it affecting your Social Welfare payment. You should check if renting a room in your home will affect any other payments you are getting such as Fuel Allowance. This does not apply to short-term lettings (of less than 28 consecutive days). It also does not apply if you are renting a room to your employee or to an immediate family member.

If I avail of the scheme, do I have to register with the Residential Tenancies Board (RTB)?

If you rent out a self-contained unit in your home, such as a converted garage attached to your home or a basement flat, the rights and obligations under residential tenancies legislation apply to you. For example, you are obliged to register the tenancy with the Residential Tenancies Board (RTB), provide a rent book to the tenant and ensure that the accommodation provided meets minimum physical standards.
Residential tenancies legislation provides for security of tenure for tenants. These provisions are in Part 4 of the Residential Tenancies Act 2004. However, if the self-contained flat or apartment was originally part of the main house, you can choose to opt out of these provisions. You must give the tenant notice in writing, before the start of the tenancy, if you wish to take this option.
If the part of your home that you rent out is not self-contained, you are not covered by landlord and tenant legislation, so the rights and obligations under that legislation do not apply to you. However, if you are renting to a HAP tenant the accommodation must meet minimum standards.
This also means that private tenants living in your home are living under a licensee agreement, not a tenancy agreement, and are really only entitled to reasonable notice if you choose to terminate the agreement.

How to apply for the scheme?

To claim Rent-a-Room Relief you must record your rental income when making your annual tax return.

You can complete and submit your tax return form online using:

Revenue's myAccount Service if you are a PAYE taxpayer (Form 12).
Revenue Online Service (ROS) if you are self-employed or a PAYE taxpayer with other sources of income (Form 11).
Alternatively, you can complete a hard-copy annual tax return. You record your rental income for Rent-a-Room Relief in the ‘Exempt Income’ section of your tax return form and return the completed form to your local tax office.
The tax office can answer any queries you may have and will help if you have any difficulties completing the form.

Call a member of the local Citizens Information team on 0818 07 7860, the offices are staffed from Monday to Friday from 10am to 4pm. Alternatively you can email tralee@citinfo.ie or log on to www.citizensinformation.ie for further information.

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Promoting Killarney as a business and conference destination

Two prominent Killarney businesses were in Frankfurt this week to promote Ireland and Kerry as an ideal place to host business conferences. The Europe Hotel and Resort and Killarney Convention […]

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Two prominent Killarney businesses were in Frankfurt this week to promote Ireland and Kerry as an ideal place to host business conferences.

The Europe Hotel and Resort and Killarney Convention Centre attended IMEX Frankfurt 2024 in Germany this week to promote the island of Ireland for corporate meetings and incentive travel ~

Tourism Ireland – together with Fáilte Ireland and Tourism Northern Ireland, as part of the ‘Meet in Ireland’ team – is showcasing Ireland as a world-class Business Events destination to thousands of buyers who organise international meetings and incentive travel.

IMEX Frankfurt is one of the leading global exhibitions for Business Events i.e., the corporate meetings, events and incentive travel industry. Thirty-five tourism companies specialising in Business Events from around the island of Ireland – including The Europe Hotel & Resort and Killarney Convention Centre were on the ‘Meet in Ireland’ stand at IMEX.

Around 1,900 commercial meetings will be conducted with global meeting and incentive travel planners this week, which will, in turn, deliver Business Events for Ireland from around the world worth millions of euro in 2024 and beyond. Tourism Ireland’s goal is to enable thousands of commercial Business Events meetings this year – connecting our tourism partners from Ireland with overseas buyers to grow Business Events and support businesses across the island.
According to the latest CSO figures for overseas tourism, Ireland welcomed almost 1 million Business Tourists, for the 12 months from April 2023 to March 2024.

“IMEX Frankfurt is a key event in the industry calendar and an extremely important platform for us to promote the island of Ireland as a premier destination for Business Events. Business travel is high value and often midweek and off season by its nature, thereby aligning with Tourism Ireland’s strategy to grow overseas tourism revenue outside of the peak summer season,” said, Siobhan McManamy, Tourism Ireland’s Director of Markets, said:

“We are delighted to have 35 tourism companies from across the island of Ireland with us at this year’s IMEX Frankfurt. They’re engaging in almost 1,900 commercial meetings and showcasing the best of Ireland to influential meeting and incentive travel planners from around the world.”

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One way traffic system mooted for St Oliver’s National School

The Killarney Advertiser understands that a one-way traffic management system will be introduced at St Oliver’s National School. The plan remains subject to confirmation by Kerry County Council and other […]

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The Killarney Advertiser understands that a one-way traffic management system will be introduced at St Oliver’s National School.

The plan remains subject to confirmation by Kerry County Council and other statutory bodie. It is  understood that the system will be trialled at the beginning of the new school year in September.

The area is subject to serious traffic congestion during school drop-off and pick-up times every day.

Over 650 pupils and 80 staff attend the school every day. New housing developments in the area have added to traffic congestion.

Cllr Martin Grady has being pushing for enhanced road safety measures at the school since his co-option to the council in September 2023.

“The issue has worsened in recent years with Woodlawn, Rookery Road and Ballycasheen having more domestic property developments which brings with it more road activity,” Grady told the Killarney Advertiser.

“I’ve seen first-hand several accidents occur when dropping and collecting my children from the school. It needs a safe solution by means of a drop off- pick up point or a traffic management system put in place.

“It is unfair on all stakeholders involved. I will keep working on this until results are achieved in the interest of everyone’s safety. “

The lack of urban school bus services, not just at St Oliver’s but at all schools is adding to Killarney’s traffic woes.

“I would like to see school bus services return for all students, in both urban and rural schools, this service was a massive loss, it would greatly reduce the volume of traffic on our roads and mitigate the risk of accidents and near misses,” added Cllr Grady.

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