Rental Tax percentage change

General Forum

Moderators: PoshinDevon, Soner, Dragon

Post Reply
inverno
Kibkommer
Kibkommer
Posts: 132
Joined: Wed 10 Jul 2019 9:35 am

Rental Tax percentage change

  • Quote
  •   Message 1 of 7 in Discussion

Post by inverno »

Hello. Can anyone tell me if the rental tax percentage has gone up?
Until recently it was 8% for TL contracts and 13% for foreign currency contracts.
It has been reported elsewhere that the percentage has risen to 10% for TL and 16% for foreign currency.
Does anyone have any knowlede if this is the case.

Reyntj
Kibkommer
Kibkommer
Posts: 1307
Joined: Fri 07 Mar 2014 10:17 am

Re: Rental Tax percentage change

  • Quote
  •   Message 2 of 7 in Discussion

Post by Reyntj »

Ive scoured the internet cant find anything..so.inconclusive but every other tax change has come with an announcement..

Would not be a surprise as the coffers are dry...
Is your elsewhere reliable?

Im probably in the tax office friday so will know then & report any info.

snd1966
Kibkommer
Kibkommer
Posts: 1719
Joined: Fri 13 Apr 2012 3:26 pm

Re: Rental Tax percentage change

  • Quote
  •   Message 3 of 7 in Discussion

Post by snd1966 »

Just realised I was looking at March receipts

CHICO
Kibkommer
Kibkommer
Posts: 22
Joined: Tue 27 May 2014 2:33 pm

Re: Rental Tax percentage change

  • Quote
  •   Message 4 of 7 in Discussion

Post by CHICO »

Paid our holiday rental tax on Monday and it was 13%

Reyntj
Kibkommer
Kibkommer
Posts: 1307
Joined: Fri 07 Mar 2014 10:17 am

Re: Rental Tax percentage change

  • Quote
  •   Message 5 of 7 in Discussion

Post by Reyntj »

I can easily see this being enforced...they are supposedly bringing in licensing laws for holiday lets.

If it mirrors.turkey they slapped an extra vat charge on top..
Given the country is governed by a few and powerful some linked to the big hotels i suspect thats highly probable here as the big hotels dont like the competition and claim unfair playing field....

Im not scaremongering the threat has actually deterred me from pursuing airbnb type lettings ...there can be a lot of work involved

inverno
Kibkommer
Kibkommer
Posts: 132
Joined: Wed 10 Jul 2019 9:35 am

Re: Rental Tax percentage change

  • Quote
  •   Message 6 of 7 in Discussion

Post by inverno »

Hi. Thank you for the replies.
The percentage rise is just something I picked up from another site. I had not seen anything mentioned about a rise elsewhere and just wanted to know if anyone else had heard anything official.

Reyntj
Kibkommer
Kibkommer
Posts: 1307
Joined: Fri 07 Mar 2014 10:17 am

Re: Rental Tax percentage change

  • Quote
  •   Message 7 of 7 in Discussion

Post by Reyntj »

Paid taxes today no rises as yet....

Post Reply

Return to “THE KIBKOM NORTH CYPRUS FORUM”