Does anyone know the current rate of rental tax please on a TL rental contract
and also if the tenant is not able to pay due to the pandemic closures , no work .....is an owner due to pay this anyway?
Asking for a friend in UK
Thank you
C
Rental Tax
Moderators: Soner, Dragon, PoshinDevon
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- Kibkommer
- Posts: 5
- Joined: Thu 25 Feb 2021 2:10 pm
Re: Rental Tax
Rental Tax Rates in Northern Cyprus
8% – if rental payment (as per Tenancy Agreement) is Turkish Lira;
13% – if rental payment (as per Tenancy Agreement) is in any other currency GBP, USD, EUR, etc.
Source: http://www.erginellaw.com/letting-a-pro ... rn-cyprus/
8% – if rental payment (as per Tenancy Agreement) is Turkish Lira;
13% – if rental payment (as per Tenancy Agreement) is in any other currency GBP, USD, EUR, etc.
Source: http://www.erginellaw.com/letting-a-pro ... rn-cyprus/
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- Kibkommer
- Posts: 5
- Joined: Thu 25 Feb 2021 2:10 pm
Re: Rental Tax
As you can read in the article above, it is a landlord responsibility to pay rental tax, not a tenant. Unfortunately, I did not see any news regarding rental income reduction.
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- Kibkommer
- Posts: 2109
- Joined: Sun 19 Aug 2012 7:24 am
Re: Rental Tax
In the event of non receipt of rent a letter should be taken to the tax office every month giving all the agreement details & reason for non payment. Suggest you take 2 copies, get them to sign & stamp one so you can keep a record.
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- Kibkommer
- Posts: 365
- Joined: Mon 23 Apr 2012 10:14 am
Re: Rental Tax
Thanks everyone
C
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