Landlord Tax Guide · 2026
Landlord Tax Ireland 2026: Rental Income, Deductions & Key Reliefs
Being a landlord in Ireland means your rental income is taxed at your marginal rate(up to 40% income tax + 8% USC + 4.1% PRSI). But there are significant deductionsyou can claim — mortgage interest (75%), repairs, management fees, and even pre-letting expenses up to €5,000. Use our Landlord Tax Calculator to estimate your rental profit.
How Rental Income Is Taxed
The formula is straightforward: Rental Income − Allowable Expenses = Taxable Profit. Your profit is added to your other income and taxed at your marginal rate.
📊 Example: €2,000/month Rental Property
| Annual rent | €24,000 |
| Mortgage interest (75% of €9k) | -€6,750 |
| Management fees (10%) | -€2,400 |
| Insurance | -€500 |
| Repairs & maintenance | -€1,200 |
| RTB registration | -€90 |
| Accountancy | -€600 |
| Taxable profit | €12,460 |
| Tax at 40% + USC + PRSI | ~€6,500 |
After-tax net income
€5,900
per year (approx)
Allowable Deductions
75% deductible (2026 onward)
100% deductible
Not improvements
100% deductible
€90 per tenancy
Online + print
Not for purchase
For rental accounts
Between tenancies
Up to €5,000 (12-mo vacancy)
For Form 11 filing
If applicable
Pre-Letting Expenses (Up to €5,000)
If your rental property has been vacant for at least 12 months, you can claim pre-letting expenses of up to €5,000 to make it ready for tenants.
Conditions
- Property must be vacant for a continuous 12-month period
- Work must be done before the new tenancy starts
- Max claim: €5,000 per property
- Covers repairs, renovations, safety upgrades, and cosmetic improvements
- Can be claimed in the year the work is done (even if rent starts later)
RTB Compliance
All private residential tenancies in Ireland must be registered with the RTB. The registration fee is €90 per tenancy for 2 years.
Register within 1 month of tenancy start
Late registration fees apply after 1 month. Failure to register is a criminal offence.
Rent pressure zones (RPZs)
Rent increases capped at 2% per year in designated RPZs. Annual rent reviews only.
Tenancy deposits
Max deposit is 1 month's rent. Must be held in a designated deposit protection scheme.
Minimum standards
Properties must meet minimum physical standards (heating, insulation, fire safety, ventilation).