Revenue has announced that there will be procedural and other changes to the Non-resident Landlord Withholding Tax as of the 1st of July, 2023.
“A non-resident landlord is someone who is not resident in Ireland, but rents out a property in Ireland. Income from renting out a property, or from another source that qualifies as rental income, is taxable. This income must be declared to Revenue.”
A handbook has been published that covers all aspects of the legislative change; Click here to download.
Detailed changes are included for
· Non Resident landlords
· Collection Agents
· Tenants
However, some aspects of the changes may require further clarification and explanation as each individual situation will be unique. This is where the professional team at O’Boyle + Associates can advise.
As ever, we would recommend that individuals should stay informed by regularly visiting the Revenue.ie website