Changes to rental income under the Fair Deal scheme

From 1 February 2024, the Fair Deal Scheme financial assessment will change if you are renting your home while you are in a nursing home. If you rent out your vacant home, you will be able to keep 100% of the rental income.

At present, if you rent your home, you must pay 40% of this rental income towards your nursing home care. This means you can keep 60% of the rental income of your own home. To apply for this currently, you fill in the Principal Private Residence Rental Income application form and supply your Residential Tenancies Board registration approval letter, the tenancy agreement showing the rental amount and your latest notice of assessment from Revenue.

If the property you are renting is not your own home, you must pay 80% of the rental income to nursing home care.