Kibkom North Cyprus Forum

Morning...

Can you pay your rental tax quarterly without penalty, or does it need to be paid monthly? I tried to ask at the tax office yesterday, but no one seemed to able to confirm either way.

TIA

My experience is if you pay mire than a month late there is a small penalty. Sometimes i pay three minhs at once . But the penalty us small. 5 to 10 tl . No idea hiw they calculate the penalty. Someone told me before it was 5 tl but i all i know is that its about this.

I usually pay 3 or 4 months un advance as I am not always in TRNC when the tax is due. I tried to pay up until the end of the year last month but was only able to pay the actual tax due. I explained that I was going away until the new year but got the shrug. I am guessing that they are leaving the government the option to change the tax rate at short notice in the current economic situation.

Thanks for that guys, that makes sense. Will continue to pay monthly.

Admins, you can close this post if you wish, information received.

Thanks