MT
Letting of Residential Tenement (Forms) Rules, 2014
Table of Provisions (8)
Statutory Text (8 Articles)
L.N. 393 of 2014
INCOME TAX MANAGEMENT ACT
(CAP. 372)
Letting of Residential Tenement (Forms) Rules, 2014
IN exercise of the powers granted by articles 42(4)(c) and 57 of
the Income Tax Management Act, hereinafter referred to as "the Act",
the Minister for Finance has made the following rules:-
The title of these rules is the Letting of Residential Citation.
Tenement (Forms) Rules, 2014.
(Rule 2)
Income Tax Management Act
Letting of Residential Tenement (Forms) Rules
Form TA24
Form to be submitted by not later than the 30th June of the year following the relevant year,
by persons exercising the option referred to in sub-article (2) of article 31D of the Income Tax Act.
Information provided in this form is in respect of the year ended 31st December
Address or other description of property
Gross rent received
No.
Name
Street
Council
Amount subject to tax under article 31D of the Income Tax Act
€
Total tax chargeable at 15%
€
Declaration to be signed by person exercising the option under article 31D of the Income Tax Act
I declare that the information given above is true and correct. In particular, I confirm that the gross
rental income declared above represents the full amount received during the relevant year.
Income Tax Ref. No.
Name
Address
Signature
Date
The prescribed form indicating the gross rental income for Prescribed form
the relevant year which shall accompany a payment to be made by a regarding
payment made
person, in terms of article 42(4)(c) of the Act, shall be the form in by a person.
Schedule A to these Rules.
(Rule 3)
Income Tax Act
Letting of Residential Tenement (Forms) Rules
(Undeclared rental income)
Form TA24A
Form to be submitted by not later than the 30th June 2015, by individuals exercising the
option referred to in sub-article (6A) of article 31D of the Income Tax Act.
Information provided in this form is in respect of the year ended 31st December 2012 or any of the
preceding seven years.
Address or other description of property
Gross rent received
No.
Name
Street
Council
(a) Total rental income declared
€
(b) Number of years comprised in the relevant period in respect of which
rental income is being declared
(Y) Taxable amount
(Y = (a / b) x 2)
€
Total tax chargeable at 15% (Y x 15%)
€
B B 4626
Year
Include index (1 to 16) of properties described above in
Gross rent received
respect of which rent is declared
Total rental income declared
€
Declaration to be signed by person exercising the option under article 31D(6A) of the Income Tax
Act
I declare that the information given above is true and correct.
Income Tax Ref. No.
Name
Address
Signature
Date
€0.36
The prescribed form indicating the gross rental income Prescribed form
derived during the relevant period referred to in article 31D(6A) of regarding
payment made
the Income Tax Act which shall accompany a payment to be made by by
an
individual.
an individual, in terms of article 42(4)(c) of the Act, shall be the form Cap. 123.
in Schedule B to these Rules.
For the purposes of rule 2, the term "person" means a Interpretation of
person who rents immovable property in terms of article 31D of the "person".
Income Tax Act and whose gross rental income from such property Cap. 123.
falls under the provisions of the said article.
For the purposes of rule 3, the term "individual" means an Interpretation of
individual who has not declared rental income derived from a "individual".
tenement leased as a residence or garage during the relevant period in
any return and exercises the option referred to in article 31D(6A) of
the Income Tax Act.