You will need to declare the net rental income and your PAYE income to Revenue on a Form 12 and pay any tax owed. If this income is over €5,000 net or €30,000 gross, you are counted as a chargeable person and must complete a Form 11. FastTax.ie guides you through the completion of the Form 11 as easily as possible.
I have rental income in addition to my PAYE income. How do I declare it to the Revenue?
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About the Author: Cathal Maxwell
Cathal brings over 40 years of tax experience, advising individuals and businesses on Income Tax, Capital Taxes, Inheritance Tax, Stamp Duty, and VAT.
