Rent-a-room scheme has its limits

Am I liable for capital acquisitions tax (CAT) in the event of selling my house in the future if I avail of the rent-a-room scheme now? Dilemma:

5th February, 2005

Am I liable for capital acquisitions tax (CAT) in the event of selling my house in the future if I avail of the rent-a-room scheme now? Dilemma:

What happens if my rental income is more than €7,620 a year?

Rent-a-room relief is a valuable benefit available to the taxpayer, particularly in these days of rising house prices and hefty mortgage repayments. Solution:

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