Non-Resident Landlords Taxation

If you are moving abroad and are thinking of renting out your home in Ireland you will become a Non-Resident Landlord (NRL).

This is where a landlord resides outside of Ireland and the rental property is located within the state. Non-resident landlords are liable to Irish income tax on rental income from properties within Ireland and must file an Irish Tax Return.

SCK Group are specialists in non-resident landlord taxation and as well as letting and managing your property we can advise you on your tax liabilities, complete your rental accounts and file your tax return.

We will:

• View your property and offer advice with regards to letting your property for the first time
• Carry out any agreed changes before renting out your property
• Advertise your property
• Interview and select suitable tenants
• Request tenant references and carry out checks for financial reliability
• Record a contents inventory and prepare lease
• Agree a tenant code of conduct
• Record all utility readings and transfer into tenant’s name
• Co-ordinate deposit & advance rent, standing orders, key holders, alarms, contact details, etc
• Set up bank rental account
• Monitor rent payments and follow up immediately if rent not received in full and on time
• Register tenancy with PRTB
• Regularly inspect your property while your are abroad
• Remain the first contact for your tenant at all times
• Carry out maintenance/repairs as necessary
• Remain in regular contact with you regarding your property, while you are abroad
• Advise you on all aspects relating to taxation, including rental income
• Compile rental accounts
• Submit your tax return to Revenue