Rental Tax

[CHICO]

Hi can anyone tell me what the current rental tax is please and if you can pay in advance.

We always used to pay 10% and in advance, however when we last went to pay (last year) we were informed you can only pay in arrears and it was 13%.

We are coming out in a couple of weeks and ideally would like to pay our tax on holiday rentals in advance.

Hope someone can advise. Thanks.

[butterfly]

Yep. Still 13%

[Reyntj]

I thought it was 15 % for new foreign currency contracts now? I asked to pay 1 month in advance last month in girne and they said no. This was for my wife . In famagusta where my tax is they let me pay 1 month in advance last week .

There has been a discount periodfor tl contracts from september fir 6 months. 2 % for existing tl contracts and 1 % for new contracts . The discount period has now expired and i think they told me for tl contracts are now 10 % .



Go figure....

[butterfly]

13% for GBP contracts. Paid monthly, last paid February 2019.

[Reyntj]

When did you register the contract ? If it was before september 2018 it will be 13 % since then i was told it was 15 % for new contracts from september ? All my contracts are in tl now so i cant confirm the foreign tax . Clearly they are trying to disuade from non tl contracts .

http://www.dkdeniz.com/haberler-2018-9- ... urulu.html

Its confirmed in writing here but you have to translate . Section 5 states new contracts from september for foreign currency will be 15 % . This law applies for only 6 minths. Ihavent got a clue what it is from march onwards

[snd1966]

Why do they make it so difficult, why can we not just fill in a form and pay.
Every year I find month after month explaining its holiday lets therefore no stamped contract here

I dread next month

[JoandJelly]

Why do they make it so difficult, why can we not just fill in a form and pay.
Every year I find month after month explaining its holiday lets therefore no stamped contract here

I dread next month

This is what I do and have had no issues with holiday lets since it was originally set up with an example "contract" about 7 years ago. I just fill in the form for the month in which there has been a let. They have never asked to see a contract.

[AzantServices]

Any new contracts are 15% GBP or 1.8% TL. Paying in advance is allowed but only for the year, so untill last day of December.

[Bogaz58]

Can somebody tell me where I go to pay the rental tax for a property in the Famagusta area, I live in Girne.
What do I have to take with me etc, never done this before.
Many thanks.

[numbers]

Rental tax charges are due to change again shortly to 10% for both lira and sterling contracts. Wouldnt advise paying in advance on a sterling contract while the rate is at 15% as you wont get any money back when the tax rate drops.

[Reyntj]

It doesnt matter where the property is you can register in the girne tax office if thats your nearest one . You need to take your kocan or contract and rental contract which you first need to get stamped plus a copy of your id . In fact you need copies of everything . There is a photo copier upstairs in the canteen .

[Reyntj]

It doesnt matter where the property is you can register in the girne tax office if thats your nearest one . You need to take your kocan or contract and rental contract which you first need to get stamped plus a copy of your id . In fact you need copies of everything . There is a photo copier upstairs in the canteen .

[aljanyoung]

I used to pay a few months in advance but from the time the rate changed was only allowed to pay tax due on the payment date. I last tried to pay advance tax last month and was not allowed. A nuisance when the tax is a small sum.

[Bogaz58]

Great, thanks for the help, is the tax office in the same building as the vehicle tax, mot etc also you mention the sales contract needs to be stamped, where do I get that done?

[ozankoys]

The rental tax dept is on the right of the central desks past the vehicle tax ones. You have to obtain a file no from them first & they will retain a copy of the agreement. You then go to the first 2 desks on the left as you walk in the door & pay 0.5% of the total agreement income i.e. contract £300 per month for 12 months = £3600 x 0.5% = £18

[Bogaz58]

Many thanks