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Working Group on Tax / Fiscal Treatment of Rental Accommodation Providers public consultation launched

Mar 13, 2017
  • The Rebuilding Ireland – Strategy for the Rental Sector, published by the Department of Housing, Planning, Community and Local Government in December 2016, committed to the establishment of a Working Group to examine and report on the tax treatment of landlords (or rental accommodation providers), and to put forward options, where appropriate, for amendments to such treatment. 
  • The Working Group is chaired by the Department of Finance and its membership includes officials from Department of Housing, the Revenue Commissioners and the Residential Tenancies Board.
  • During the process of developing the Rebuilding Ireland strategy a public consultation was undertaken by the Department of Housing on a broad range of issues relating to the housing market.  A number of taxation issues were raised in the responses received to this consultation and the Working Group has decided to conduct a focused consultation seeking further detailed input from interested parties on these matters.

The Minister for Finance, Mr. Michael Noonan T.D. has today launched that tax-focused public consultation, which will run for a period of four weeks to 7 April 2017. Speaking about the Tax and Fiscal Treatment of Landlords Consultation, Minister Noonan said:

“Ensuring sufficient, stable and sustained provision of housing that is affordable, in the right locations, meets people’s different needs and is of lasting quality is one of the greatest challenges facing the country, and addressing that challenge is a key focus for the Government.”

“This consultation will inform our thinking and will ensure the design of better solutions without undue delay. ”

The public consultation is at the following link:

 

http://www.finance.gov.ie/what-we-do/tax-policy/consultations/taxation-rental-income-%E2%80%93-can-tax-or-fiscal-measures-support

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