Revenue has updated the Tax and Duty Manual which provides guidance on the Rent-a-room Relief. Section 216A TCA 1997 exempts certain sums arising to an individual in respect of letting rooms, for residential purposes, and the provision of meals or other services in connection with the letting.
The guidance, including relevant examples, has been updated to:
- Clarify when relief is not available between family members
- Detail how the Rent Tax Credit interacts with the rent-a-room relief (section 7.2)
- Confirm that the Mortgage Interest Tax Credit does not affect entitlement to rent-a-room relief (section 7.3).
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