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Revenue update the tax return form every year for budgetary and operational reasons, and this year is no different. 
 
Here are 3 things to look out for this year:
 

1. Non-resident Landlords

 
If you are a landlord that is living abroad you will now need to confirm on your tax return whether you are using the new withholding system, or if collection agents are strictly enforcing the old system. 
 
If it has been indicated in the Personal Details section that you are non-resident, there will be a question on the Irish Rental section which asks for confirmation whether: 
 
  1. you are using a collection agent, or 
  2. the tax was withheld by the tenant. 

 

This question is mandatory and only one option can be selected.

 
Read more about the changes for non-resident landlords here 
 
 

2. Rent Tax Credit

 
As a response to the cost of living and housing crisis the government introduced a new Rent Tax Credit. This credit commenced in the 2022 tax year so you can claim this on your 2022 tax return.
 
A new section has been added to the tax form to enable claiming of the Rent Tax Credit.
 
In this section you will need to confirm that you are not in receipt of any government rent support and answer questions about the tenancy. 
 
You will be asked for your Residential Tenancies Board (RTB) number and the address of the property. 
 
Read more about the new Rent Tax Credit here 
 
 

3. Remote Working Relief

 
You will see a new question in the Allowable Deductions incurred in Employment section to reflect situations where a Remote Working Relief claim may have been made in real-time, using the Receipts Tracker in myAccount. This is to prevent a double claim for this relief. You are asked you to confirm how much you may have already claimed for the Remote Working Relief via MyAccount.
 
In previous years, some people did not bother completing this section of the tax return as the saving may have been very small. However, with the increase in energy prices it may be time to consider filling it in. Remember if you have never claimed for remote working before it is possible to claim it for the prior year once you have the records to support it.
 
For 2022 you can claim 10% of your light & heat bills and 30% of your broadband bills (if you worked fully remote).
 
 

We can help

 
Your accountant should be aware of all the new elements to the Form 11 and be able to guide you through it when they are filing your 2022 Tax Return. At TaxAssist Accountants we have worked with thousands of individuals across Ireland on their tax returns. If you need assistance filing your income tax return you can call us on 045 814418 or submit an enquiry online to book your free initial consultation.
 

 

Book your FREE Initial Consultation

 

 

Date published 30 Aug 2023 | Last updated 14 Sep 2023

This article is intended to inform rather than advise and is based on legislation and practice at the time. Taxpayer’s circumstances do vary and if you feel that the information provided is beneficial it is important that you contact us before implementation. If you take, or do not take action as a result of reading this article, before receiving our written endorsement, we will accept no responsibility for any financial loss incurred.

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