IPOA Urges Tax Reforms in Budget 2025 to Prevent Rental Market Collapse

The Irish Property Owners Association (IPOA) is calling for tax reforms in Budget 2025 to prevent a collapse in the rental market.

The association highlights a significant decrease in rental supply, with registered tenancies falling from 308,786 in 2022 to 264,235 in 2023.

Key proposals include extending Capital Gains Tax relief, reducing Capital Acquisitions Tax for inherited rental properties, applying business taxation for private landlords, and introducing a standard 25% tax rate on all rental income.

The IPOA contends that these measures are essential to support property owners and encourage new investment in the private rental sector.