Revenue has published updated guidance on the Residential Premises Rental Income Relief (RPRIR) providing information on the availability of the relief and other credits for non-resident landlords.
Section 1032 TCA 1997 provides that in certain circumstances a portion of personal credits, reliefs, and deductions, including the RPRIR are available for non-resident landlords.
The guidance outlines that this portion is determined by the ratio of the Irish source income to the total income of the individual, and the taxpayer is required to complete the ‘Worldwide Income’ field on the ‘Personal Details’ panel of the Form 11.
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