Can I claim relief for expenses against my rented property?

Non-Resident Landlords

Non Resident Landlords

Allowable expenses include: 

● rates you pay to a local authority for the property 

● rents you pay for property such as ground rents 

● insurance premiums against fire and public liability 

● maintenance of your property such as cleaning, painting and decorating

● property fees before you first rent out your property such as management, advertising, legal or accountancy fees 

● cost of any service or goods you provide that are not repaid by your tenant (such as electricity, central heating, telephone, service charges, water and refuse collection).

● certain mortgage protection policy premiums 

● expenses between lettings provided the landlord did not occupy the property prior to a new lease being signed 

● capital allowances 

● repairs such as rot treatment, mending windows, doors or machines

● certain pre-letting expenses on vacant residential property 

● deduction for retrofitting expenditure 

● the cost of registering with the Residential Tenancies Board (RTB). You must keep full and accurate records of all expenses for each property you rent out. 

You may partly let a premises. You can only claim the portion of the expenses related to the part of the property that is let. For example, if half the rooms are let, then half of the expenses can be claimed. 

The receipt of rent is treated as the carrying on of a trade. Expenses are only allowed to the extent that they would be allowed for that trade. 

You may be also be allowed to claim Mortgage Interest Relief against your rental income. The interest must be from a mortgage that is used to purchase, improve or repair your rental property.

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