Recently Revenue have sent more than 20,000 letters to non-resident landlords and their collection agents, informing them of the upcoming changes to the administration of withholding tax for non-resident landlords.

Revenue have issued an updated tax and duty manual in respect of pre-letting expenditure on rented residential premises.

Taxpayers need to be aware of the restrictions on allowable pre-letting expenses when calculating their rental profits. We set out below a summary of the updated guidance.