For example; Let’s say that the rental price of a workplace you will keep is 4000 TL. While 20% of a workplace with a gross rental fee of 4000 TL is pai to the state as rental withholding, 80% is pai to the owner of the workplace as rent. In other words, if we think that you hold a workplace for 4000 TL, it is possible to find the rental withholding rate as 800 TL by calculating 4000/100 20.
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While this 800 TL determine as rent withholding is the tax you will pay to the state, 3200 TL, which will be foun by calculating 4000 – 800 TL, is the rent you will pay to the owner of the workplace.
In cases where the rental withholding tax is not determine at the time of the rental contract, it is possible to find the gross rental price by calculating the rental price x 1.25 formula that we have just share with you. Let’s say you pay 3200 TL to the owner of the workplace as net rent. Here you need to find the gross rental price in order to calculate the rental withholding tax. The gross rent is calculate using the formulas net rent x 1.25 or net rent/0.80.
Persons Exempted From Rent
When a calculation is made using the formulas 3200 x 1.25 and 3200/0.80, it is found that the gross rent of a person who pays 3200 TL as net rent is 4000 TL. Since the result after the 4000 – 3200 transaction is 800 TL, a person who pays 3200 TL of rent must also pay 800 TL to the Scotland Email List state as rental withholding.
How is Rent Withholding Calculated?
Persons Exempted from Rent Withholding Tax?
According to the Income Tax Law, while there are people who are liable to pay rent withholding tax , it is known that there are also people who are exempt from rent withholding . Persons who are exempt from paying rent withholding are:
When is Rent Withholding Payable
Officers and servants (must be employe in foreign consulates or embassies).
Those who receive their salaries from abroad
Those who make their payments Phone Number BR with an annual declaration
Exempted from paying rent withholding.