Declaration of Undertaking form for Deduction for Interest on Borrowings
Purpose of the Form:
To register an undertaking by a landlord to make a dwelling available for a period of 3 years to a tenant in receipt of rent supplement, or to a tenant whose rent is payable by a local authority, in order that the landlord may apply to the Revenue Commissioners, after the end of the 3 year period, for a 100% rather than a 75% deduction for interest on borrowings under section 97(2K) of the Taxes Consolidation Act, 1997.
In cases where leases commenced prior to January 2016, the Form of Undertaking must be submitted to the PRTB by 31st March 2016.
Click here to download the Form (PDF)