Research on the declaration period for those earning rental income has begun. Property owners earning annual rental income of over 33,000 lira from residential properties and over 230,000 lira from commercial properties will be liable to pay income tax. Those earning rental income below the exemption amount will not be required to declare it. So, when will the rental income declaration applications end?

The process of submitting a rental income statement that concerns property owners generating income from real estate is closely monitored by millions of people. Failure to submit the mandatory statements electronically on time will result in a special penalty for non-compliance. Additionally, if the tax is not accrued on time, a penalty equal to the amount of tax loss will be applied.

WHEN WILL THE RENTAL INCOME DECLARATION BE SUBMITTED?
Property owners earning rental income will be able to submit their statements between March 1 and April 2. Property owners will be able to fill out their statements between March 1 and April 2 (due to March 31 and April 1 being public holidays).

WHERE WILL THE RENTAL INCOME DECLARATION BE FILLED OUT?
Property owners can fill out the “ready declaration system” on the website “gib.gov.tr” of the Revenue Administration. Also, the ready declaration can be accessed from the Digital Tax Office.

The accrued tax can be paid via the Digital Tax Office (dijital.gib.gov.tr), bank cards/credit cards from affiliated banks, bank transfer from bank accounts, cards from foreign banks, tax collection banks, and tax office cashier’s offices, as well as PTT branches.

TENANT “RENTAL NOTIFICATION FORM”
Tenants will be able to fill out the “rental notification form” this year as they did last year. If they are subscribers to the Digital Tax Office, they can access the form by logging into the system with their user information and passwords. Additionally, they can access the necessary information with an e-Government password.

This method aims to compare the rental incomes declared by property owners with those declared by tenants. The application is intended to reveal those indicating low rental amounts, providing incorrect information, or not declaring at all, in order to prevent tax evasion.

WHEN WILL THE TAX PAYMENT BE MADE?
The income tax accrued from the annual income tax returns for rental incomes earned in the 2024 calendar year can be paid in two equal installments in April and July of 2025. The first installment can be paid by April 2 along with the stamp duty, and the second installment can be paid by July 31.

Each family member will be required to submit separate statements for the rental income they obtain from the properties and rights they own. In cases where multiple individuals jointly own a property, each person will declare the rental income corresponding to their share.

HOW WILL TAXPAYERS LIVING ABROAD APPLY?
Citizens living abroad are taxed as limited taxpayers for their earnings and income obtained in Turkey. Turkish Republic citizens living abroad who wish to submit declarations through the system, along with blue card holders and foreigners with a foreign identification number, can obtain an “e-Government” password from foreign representations. Additionally, they can submit the declaration via the “Ready Declaration” mobile application from their mobile phones.