Yes, if you let a room in your own home. Rent-a-Room Relief (Section 216A TCA 1997) exempts up to €14,000 per year from income tax, USC, and PRSI, including income from short-term Airbnb guests. The threshold increased from €10,000 to €14,000 in Budget 2024.

To qualify, the property must be your sole or main residence and you must elect for the relief on your tax return. There is a cliff edge: if your total income from the room exceeds €14,000, the entire amount becomes taxable with no taper. If you claim Rent-a-Room Relief, you cannot also deduct expenses against the income.