Ireland · 2026 and 2027 rates

Rental Income Tax Calculator Ireland

Work out the income tax, USC and PRSI on your Irish rental profit using 2026 or 2027 rates, including the Residential Premises Rental Income Relief worth up to EUR 1,000. Free, no sign up, nothing stored.

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Your rental figures

Gross annual rent received

EUR

Allowable expenses (excluding mortgage interest)

EUR

Insurance, letting agent fees, repairs, management fees, accountancy, advertising, RTB fee, service charges.

Mortgage interest paid

EUR

Interest only. Capital repayments are not deductible.

Tenancy is registered with the RTB Mortgage interest is deductible only if every tenancy in the property is registered. If one is not, all the interest for that property is lost for the year; registering by the return filing date keeps it. The landlord relief is tested per property on 31 December: an unregistered property drops out of the relief, but that does not stop you claiming it on your other properties. The calculator treats these figures as one property, so unticking removes both the interest and the relief.

Capital allowances (wear and tear)

EUR

Furniture and fittings written off at 12.5% a year over 8 years. Enter this year's amount.

Your circumstances

Your other annual income

EUR

Salary, occupational pension or other income before tax, but not social welfare payments. This sets which tax band your rental profit falls into. Enter 0 if rent is your only income.

My other income is from a job, an occupational pension or self-employment That income gets the employee or earned income tax credit. Untick if it is only investment income. Leave social welfare payments out of the other income box: they are not liable to USC, and including them would put your rental profit in a higher USC band than it really reaches. A taxable payment such as the State Pension still counts for income tax, so if you get one the income tax shown may be too low.

Tax status

Tax year

Claim Residential Premises Rental Income Relief Needs RTB registration, LPT compliance, tax clearance, and no letting to a connected person.

PRSI does not apply to me If rent is your only income, PRSI can apply up to age 70, unless you get the State Pension (Contributory) or were born before 1 January 1958. If you are an employee or occupational pensioner, PRSI on rent stops at 66.

I am aged 65 or over (or my spouse or civil partner is) Adds the age tax credit (EUR 245, or EUR 490 for a married couple) and the age exemption: no income tax if total income is EUR 18,000 or less (EUR 36,000 married), with marginal relief above that. The increase for children is not included.

I am aged 70 or over, or hold a full medical card If your total income is EUR 60,000 or less, USC is capped at 2%: 0.5% on the first EUR 12,012 and 2% on the rest.

Total tax on rental profit

EUR 0

Enter your figures and press calculate

Rental income in Ireland is taxed as Case V income at your marginal rate, not at a special rental rate. You pay income tax at 20% or 40% depending on where the profit sits relative to your standard rate cut-off point, plus USC at your marginal USC band, plus PRSI, which is 4.2375% for 2026 income returned through self-assessment and 4.3875% for 2027. Your personal tax credit is set against the rental profit only if your other income does not already use it up.

You are taxed on profit, not on rent received. Profit is gross rent less allowable expenses, less mortgage interest where the tenancy is registered with the RTB, less capital allowances on furniture and fittings.

For 2026 and 2027 you may also claim Residential Premises Rental Income Relief. It is worth the lowest of EUR 1,000, 20% of your profits from qualifying premises, or 20% of your overall Case V income. It reduces income tax only, so it does not cut your USC or PRSI, and it cannot create a refund.

DEDUCTIONS

What You Can and Cannot Deduct

Item	Deductible	Detail
Mortgage interest	Yes, 100%	Only if every tenancy in the property is registered with the RTB. If one is not, all the interest for that property is lost for the year. Registering by the return filing date keeps it, and late registration can restore it within 4 years.
Mortgage capital repayments	No	Only the interest element qualifies. The capital portion reduces the loan, it is not an expense.
Insurance	Yes	Buildings, contents and landlord liability cover for the let property.
Letting agent and management fees	Yes	Including advertising for tenants and tenant referencing.
Repairs and maintenance	Yes	Genuine repairs that restore the property. Improvements are capital and are not deductible as repairs.
Furniture and fittings	Via capital allowances	Not deducted in full in year one. Written off at 12.5% a year over 8 years as wear and tear.
RTB registration fee	Yes	An allowable expense of the letting.
Accountancy fees	Yes	For preparing the rent account. Fees for other work, such as the rest of your tax return, are not allowed.
Local Property Tax	No	LPT is not an allowable deduction against rental income. Note that LPT compliance is a condition of claiming RPRIR.
Pre-letting expenses	Limited	Generally not allowed, except the specific relief for premises vacant for at least 6 months: up to EUR 10,000 per premises, spent in the 12 months before letting and before 31 December 2027.
Your own labour	No	You cannot charge for your own time spent managing or repairing the property.

The RTB registration trap. Mortgage interest is usually the largest single deduction a landlord has. If any tenancy in the property was not registered with the RTB, Revenue disallows all the interest for that property for the year, not just the months it was missing, and if it is still unregistered on 31 December that property drops out of the landlord relief as well. That can turn a modest profit into a much larger tax bill. Untick the RTB box in the calculator to see the difference on your own figures.

METHOD

How the Calculation Works

The calculator works out the additional tax caused by your rental profit, given the other income you already have. That is the number most landlords actually want, and it avoids pretending to compute your whole tax return.

Step 1, rental profit. Gross rent less allowable expenses, less mortgage interest if the tenancy is RTB registered, less capital allowances. A loss is shown as zero profit for tax purposes here; losses can generally be carried forward against future rental profits.

Step 2, income tax. Your other income is placed against your standard rate cut-off point first. Any remaining room in the 20% band is applied to the rental profit, and the balance is taxed at 40%. The 2026 cut-off is EUR 44,000 for a single person, EUR 48,000 for a single parent, EUR 53,000 for a married couple or civil partners with one income, and up to EUR 88,000 for a couple with two incomes. Budget 2027 proposes, subject to the Finance (No. 2) Bill 2026, to raise each by EUR 2,500 from 1 January 2027, and the two-income maximum by EUR 5,000: EUR 46,500, EUR 50,500, EUR 55,500 and up to EUR 93,000.

Step 2b, tax credits. Your personal tax credit (EUR 2,000 for 2026, EUR 4,000 for a married couple) is set against all your income. The employee or earned income credit only relieves tax on that work income, never rent. If your other income is low enough that it does not use all your credits, the rest comes off the tax on your rental profit. Budget 2027 proposes, subject to the Finance (No. 2) Bill 2026, to raise each credit by EUR 125 per person.

Step 3, RPRIR. The relief is the lowest of EUR 1,000, 20% of qualifying rental profits, or 20% of overall Case V income. It is applied against the income tax only and is capped so that it cannot produce a refund. A let property normally counts only if its tenancy is registered with the RTB on 31 December, and an empty property counts if it is actively marketed for rent. An unregistered property drops out of the relief, but that does not stop you claiming it on your other properties.

Step 4, USC. USC is charged on the rental profit before capital allowances, at whatever band it falls into once stacked on your other income, so wear and tear reduces your income tax and PRSI but not your USC. The 2026 bands are 0.5% to EUR 12,012, 2% to EUR 28,700, 3% to EUR 70,044 and 8% above that. For 2027, Budget 2027 also proposes extending the 2% band to EUR 30,300. If your total income for the year is EUR 13,000 or less you are exempt from USC entirely.

Step 5, PRSI. Rental profit is liable to PRSI. The rate rose from 4.2% to 4.35% on 1 October 2026 and rises to 4.5% on 1 October 2027, so for income returned through self-assessment it is 4.2375% for 2026 and 4.3875% for 2027, the rate the Department of Finance uses in its Budget 2027 tables. If rent is your only income you pay Class S PRSI once your rental income before capital allowances reaches EUR 5,000, with a minimum of EUR 650.

Assumptions and limits. The calculator uses 2026 or 2027 rates, whichever you pick, and assumes you are Irish resident, that the property is residential and in the State, that your non-PAYE income is under EUR 100,000 (above which a 3% USC surcharge applies), and PRSI at 4.2375% for 2026 and 4.3875% for 2027 (4.35% to 30 September 2027, 4.5% from 1 October). An employee whose rental profit is EUR 5,000 or less and who is not otherwise a chargeable person pays no PRSI on it; the calculator still includes it. It applies the personal credit and one employee or earned income credit per earner. For a single parent it applies the higher 20% band that comes with the Single Person Child Carer Credit, but not the credit itself, and it does not apply other credits such as the home carer or age credit. Tick the age boxes to apply the income tax exemption for people aged 65 or over (total income up to EUR 18,000 single or EUR 36,000 married, with marginal relief above that, plus the age tax credit) and reduced USC for people aged 70 or over or with a full medical card and income of EUR 60,000 or less. The increase in the age exemption for children is not included. For a couple with two incomes it assumes the second earner uses the full increase in the 20% band. 2027 is the last year of Residential Premises Rental Income Relief unless a later Budget extends it. It does not model rent-a-room relief, rental losses carried forward, jointly assessed spouses splitting rental income, or non-resident landlords. It is an estimate, not tax advice.

FAQ

Rental Income Tax Questions

Rental income is taxed as Case V income at your marginal rate rather than at a separate rental rate. You are taxed on the profit, being gross rent less allowable expenses, mortgage interest where the tenancy is RTB registered, and capital allowances. That profit is added on top of your other income, taxed at 20% up to your standard rate cut-off point and 40% above it, then charged to PRSI, which is 4.2375% for 2026 income returned through self-assessment, and to USC at your marginal USC band. USC is worked out on the profit before capital allowances.

It depends on your other income. A landlord whose total income is already above the standard rate cut-off point pays roughly 40% income tax plus 3% or 8% USC plus about 4.24% PRSI on the rental profit, so around 47% to 52% in total, before the landlord relief. A landlord with little other income pays 20% plus a low USC band plus PRSI, and unused tax credits can bring that down much further. This is why the calculator asks for your other income rather than giving a single headline rate.

No. Only the interest element of the mortgage is deductible, and only if every tenancy in the property is registered with the RTB. If one is not, all the interest for that property is lost for the year. The capital repayment portion reduces your loan balance but is not an expense. Since 2019 the interest that does qualify is deductible at 100%, having previously been restricted.

For 2026 and 2027 the relief is the lowest of EUR 1,000, 20% of your profits from qualifying premises after capital allowances and Case V losses forward, or 20% of your overall Case V income on the same basis. In practice a landlord with qualifying rental profit of EUR 5,000 or more gets the full EUR 1,000. It reduces income tax only, not USC or PRSI, and it is not refundable. A let property normally counts only if its tenancy is registered with the RTB on 31 December (an empty property counts if it is actively marketed for rent); an unregistered property drops out of the relief, but that does not stop you claiming it on your other properties. You must also be LPT compliant on all qualifying premises, hold tax clearance at 31 December, and not let any property to a connected person. It is clawed back if, within 4 years of the first year you claim it, you stop letting a property you claimed it on, for example by selling.

No. LPT is not an allowable deduction against rental income. It still matters to landlords though, because being compliant with your LPT obligations on all qualifying premises is a condition of claiming Residential Premises Rental Income Relief. An unpaid LPT liability on a single property can disqualify you from the relief across your whole portfolio for that year.

Furniture, white goods and fittings are not deducted in full in the year you buy them. They are written off as wear and tear at 12.5% of cost per year over eight years. So EUR 8,000 of furnishings gives EUR 1,000 of capital allowances each year for eight years. Enter the current year's figure in the calculator rather than the full purchase cost. Capital allowances reduce your income tax and PRSI, but not your USC.

Yes to both, in most cases. Rental profit is liable to PRSI at 4.2375% for 2026 income returned through self-assessment and 4.3875% for 2027. If rent is your only income, PRSI applies once your rental income before capital allowances reaches EUR 5,000, with a minimum of EUR 650, and can apply up to age 70. An employee whose rental profit is EUR 5,000 or less and who is not otherwise a chargeable person pays no PRSI on it. USC is charged on the rental profit before capital allowances, at whatever band it reaches once stacked on your other income, unless your total income for the year is EUR 13,000 or less, in which case you are exempt from USC. Note that RPRIR reduces income tax only, so it does not shelter you from either charge.

Rental income is returned through self assessment. Most landlords file a Form 11 by 31 October following the end of the tax year, with an extension where both filing and payment are done through Revenue Online Service. Landlords whose non-PAYE income is small may be able to use a Form 12 instead. Preliminary tax for the current year is normally due at the same time as the balance for the previous year.

Sources

Revenue: Residential Premises Rental Income Relief, and Tax and Duty Manual Part 15-03-04 for the exact computation under section 480C TCA 1997.
Revenue: Rental income, allowable expenses and capital allowances.
Budget 2026 rates: standard rate cut-off points, USC bands and PRSI rates for 2026.
Department of Finance, Budget 2027 Tax Policy Changes Summary: standard rate cut-off point up EUR 2,500, USC 2% band ceiling up EUR 1,600, for 2027, and Table 4, which uses PRSI of 4.3875% for 2027.
Social Welfare (Miscellaneous Provisions) Act 2024, section 3: PRSI of 4.35% from 1 October 2026 and 4.5% from 1 October 2027. Social Welfare Consolidation Act 2005, Schedule 1, Part 3: the Class S EUR 5,000 test is applied before capital allowances.
Revenue Tax and Duty Manual Part 18D-00-01 and sections 531AM and 531AU TCA 1997: a landlord pays USC on rental income before capital allowances.

This calculator is an estimate using 2026 or 2027 rates, provided for general information. It is not tax advice and does not replace advice from a qualified accountant or Revenue. Verified against Revenue guidance in October 2026; 2027 rates added from Budget 2027 in October 2026.

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