How is the price determined? Is it taxable?
Taxes can be complicated so it’s important to take time to understand the rules as they apply to you and your particular situation.
In general, money you earn from renting your space is income, and will be subject to tax.
Your income tax liability will depend on your current income situation. Unfortunately we can't answer this for you as it will vary based on your own personal circumstances.
We would advise you to check out Revenue for more details in relation to tax returns.
In general, money you earn from renting your space is income, and will be subject to tax.
Your income tax liability will depend on your current income situation. Unfortunately we can't answer this for you as it will vary based on your own personal circumstances.
We would advise you to check out Revenue for more details in relation to tax returns.
Updated on: 10/05/2018
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