SMALL-TIME LANDLADY

Sunday Independent (Ireland) - Business & Appointments - - FRONT PAGE -

You’re a landlady who is rent­ing out two res­i­den­tial prop­er­ties in Dublin. Your to­tal rental in­come from those two prop­er­ties is €40,000. This is your sole in­come. You are sin­gle and you have no chil­dren. None of your rented prop­er­ties qual­ify for any spe­cial tax re­lief scheme and the ten­ants are not so­cial hous­ing ten­ants. At €29,773, you will take home only €97 less of your rental in­come af­ter tax as you would have had you earned the same €40,000 rent in 2006, ac­cord­ing to Mchugh. This means you’re only €1.86 a week worse off un­der Bud­get 2018 than Bud­get 2006. So you’re not that much worse off than you were at the height of the Celtic Tiger.

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