Rental Taxes - Calculation and payment

Rental Taxes -  Calculation and payment  

 

Question:

Hello,
I'd like to ask you when do I have to pay rents? How can I pay them? How can I calculate them?

 

Answer:

 

Hello,

The personal income taxes for 2016 shall be declared and paid until 30.04.2017 in the TD of the NRA under the address registration.
If rents are paid to you by legal entities, you must have an official note of your paid amounts and the tax deducted in 2016.
If the rents were paid to you by individuals, you should have declared and paid in advance the tax due in the first three quarters of the year in 2016.
Until 30.04.2017, with the annual tax return under Art.50 of the Tax and Social Insurance Act, you must declare the received rents, the advance deducted / paid contributions for the tax and the remainder for the deposit.

Tax calculations are made by deducting 10% from the total amount of rents received as statutory property maintenance costs, and on the remaining 90% of the amounts you receive you calculate 10% rental income tax.

We hope we were useful to you

Greetings.