Kibkom North Cyprus Forum

I rent from a friend and would like to cut out middle man by paying the rental tax myself, does anyone else do this and could you please share the procedure.

Many thanks

Hi you have to pay 10% of the gross rent by the 16th of the following month. Go into the tax office turn left through the doors & straight ahead, take the rental contract + a copy they will give you a file number. Take the contract & this slip back to the first desk as you walk in they will charge the stamp duty & stamp the contract. The fee is 0.5% of the gross contract value eg £300 per month for 12 months = £3600 x 0.5% = £18 if the contract is more than a month old this is doubled.
When the tax is due you get a form from the first desk, fill in the owner's name, passport no, tenant's name (i.e. Your's) the property address, the rent paid & the 10% tax they will enter onto the computer, give you a form you take to the cashier where you pay the tax.

Ozankoys thank you very much!! Most helpful ......