How to pay income tax on real estate rental payments

by time news

2024-03-01 09:59:52

The State Revenue Committee informs individuals who have leased real estate that for each tax year, it is necessary to independently calculate income tax at the rate of 10% from the income from real estate lease, and pay the state budget to the common treasury account of 900008000490.

A natural person, at his choice, can pay the income tax received from rental payments every month (in the amount of 10% of the income received) or once a year (in the amount of 10% of the total income received during the year) until May 1 of the following year inclusive. It is possible to make the payment through the banking service, by specifying the name, surname and taxpayer registration number of the individual. And the annual income tax calculation (declaration) must be submitted exclusively electronically, up to and including May 1 of the tax year following the reporting year.

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