The Residential Tenancies (Amendment) Act 2019 (Act 14 of 2019) Residential Tenancies (Amendment) (No. 2) Bill 2018 (Bill 140 of 2018) (https://www.oireachtas.ie/en/bills/bill/2018/140/) and subsequent regulations (https://ptfs-oireachtas.s3.amazonaws.com/DriveH/AWData/Library3/HPLGdoclaid270519_214118.pdf) mean that some hosts in Ireland are subject to new rules as of 1st July 2019.
The Irish government has introduced in 2019 the so-called Rent Pressure Zones (RPZ) (https://www.rtb.ie/rent-pressure-zones/). From July 2nd 2019, 19 new areas have been added to the list of RPZs in Ireland. The new regulations only apply to hosts with a short-term letting in RPZs. The Department of Housing provide more detailed information (https://www.gov.ie/en/collection/aa8df-renting-a-home-and-home-ownership/)
Under the new regulations the following apply:
· "Short term letting" is defined as the letting of a house or apartment, or part of a house or apartment, for any period not exceeding 14 days.
· If you share your entire own home (your "Principal Primary Residence" or "PPR") while you are away, you can do so for up to 90 days of the year, but you must notify your local authority.
· If you share your entire PPR for more than 90 days of the year, you must apply for a change of use planning permission from your local authority.
· If you are not the legal owner of the property, you will need to attach the owner’s consent to use the property for short term letting.
The new regulations require that hosts listing an entire PPR in a RPZ, must inform their local authority. The notification form (Form 15) is available from the relevant local authority. For information regarding the Registration with the Dublin City Council, please look at https://www.dublincity.ie/residential/planning.
We are legally required under Sections 888 and 890 of the Taxes Consolidation Act 1997 to provide certain information in relation to Irish host earnings annually to the Irish Revenue.
Irish host earnings include:
· All rental income earned by Irish resident hosts in respect of both Irish and foreign listings.
· All rental income earned by non-Irish resident hosts in respect of Irish listings.
The report is due by September every year and covers earnings for the previous year and the following data:
· Host first and last name.
· Address of host listing(s).
· Host address as associated with his payout method.
· Amounts paid out in the reportable year, including cleaning fees.
· Date of host first booking during the reportable year, by listing.
Due to a change to Section 888 of the Taxes Consolidation Act 1997 implemented in 2019, for periods from 1 January 2020, we are also required to provide Irish Revenue with the Local Property Tax ID of the property that you have listed.