Deductions from furnished rentals

In the absence of other evidence of rental costs, the amount that can be deducted for furnished rentals is

  • up to EUR 40 per month for furnished studio flats or rooms
  • up to EUR 60 per month for larger flats.

Deductions are not dependent on the number of tenants. Deductions cover all regular costs incurred from earning a rental income. Any maintenance charges paid for the flat can also be deducted.

If evidence is provided of actual costs, the entire amount can be deducted. The cost of any household appliances or furniture purchased is deducted either as expenses during the year of purchase or on the basis of depreciation. See a list of other rental flat or house costs that can be deducted from rental income.

Read more about how to declare expenses in tax returns.


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