budget 2024

Housing: Landlords must stay in market until 2027 to claim tax relief

New Budget 2024 measures mean rental income of €3,000 next year will be disregarded at the standard rate for small landlords

Michael McGrath, Minister for Finance, and Paschal Donohoe, Minister for Public Expenditure National Development Plan Delivery and Reform. Picture: Government Information Service

Small landlords who wish to avail of new Budget 2024 tax breaks will be required to stay in the market until 2027.

Minister for Finance Michael McGrath has announced new tax measures for small landlords that are aimed at encouraging them to stay in the rental sector.

He said there has been a decline in the number of small landlord investors, who own one or two rental properties, in the market and “they have a ...