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Rental income tax calculator (Ireland)

Estimate the tax on your Irish rental profit before the 31 October deadline.

Rental Income Tax

Estimate the tax on your Irish rental profit for the year.

Estimated tax on rental profit
€6,240
Wear & tear (12.5%)€1,000
Taxable profit€13,000
Income Tax€5,200
USC (estimate)€1,040
Local Property Tax is not deductible. PRSI may also apply depending on your circumstances.
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Estimates based on Revenue.ie 2026 tax-year rates and simplified rules — for guidance only, not personal tax advice. Your exact position can differ. Get an exact figure from us →

How this is calculated

If you rent out a property in Ireland, you pay Income Tax, USC and PRSI on your rental profit — the rent you receive minus allowable expenses. Deductible costs include mortgage interest, insurance, management fees, repairs and wear-and-tear on furnishings. The profit is added to your other income and taxed at your marginal rate (20% or 40%), plus USC and PRSI, and you file it on a Form 11 or Form 12 by 31 October each year. The calculator estimates your taxable profit and the tax due on it.

Questions people ask

How is rental income taxed in Ireland?

Your rental profit is added to your income and taxed at 20% or 40% plus USC and PRSI, after allowable expenses like mortgage interest and repairs.

What expenses can I deduct?

Mortgage interest, insurance, letting and management fees, repairs, and capital allowances on furniture and fittings, among others.

How does wear and tear work?

Furniture and fittings are written off at 12.5% of their value per year, which the calculator deducts before tax.

Is Local Property Tax deductible?

No. LPT isn't an allowable expense against rental profit.

Rates last updated: July 2026 · Source: Revenue.ie · How we verify our figures

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Top Irish Tax Deductions You Could Be Missing in 2026 explains the rules behind this number.

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