Anyone who has set out to buy housing with a bank loan should take into account not only the loan costs but also some taxes. We have compiled these taxes ranging from property tax to environmental cleaning tax, payment terms, and conditions for you.
What are the Real Estate Taxes Payable in 2018?
There are a number of taxes that must be paid each year by landlords or property owners. The amount of tax items expected to be paid in two installments during the year is calculated on the value of the property owned. Tax-related payments are made to the municipality or tax office of the residence. It is possible to find out if you have any tax debts related to the house you have by questioning it via e-government or through the Revenue Administration online website.
First Installment Payment of 2018 Property Tax Payment Begins in March
As in 2017, the first installment of real estate tax payment will be made in March. Please note that in case of delay of the first installment expected to be paid in March, April and May, late interest rate interest will be applied. The second installment payment will begin in November 2018. People who buy property in 2017 are also required to pay property tax in 2018.
2018 Environmental Cleaning Tax When Will I Pay?
Environmental cleaning tax is a tax to cover the expenses of cleaning services provided by municipalities. The tax charged for the workplace and the dwelling is the real estate user. Therefore, it is a tax that is not valid for the landlords but for the beneficiaries. For example, your tenant or people with whom you are entitled to easement (right of residence) çevre The environmental cleaning tax to be paid for the housing is reflected on the water bills. However, the payment for the places in the status of workplace is made in two equal installments to the municipality connected. Another alternative for making payments is the tax office. The first installment payment starts in March and the second installment starts in November.
2018 Value Increase Tax First Installment Payment Begins in March
An increase in income tax is a type of tax that the buyer must pay if he or she sells the house to someone else within 5 years. The rate of tax is determined by calculating the difference between the PPI (Producer Price Index) at the time of purchase and the PPI at the time of sale. In March 2018, the first installment time for the landlords who have accrued income increase tax is March. The second installment payment is in July.
2018 Rent Income Tax Payment When?
Those who rent their houses in 2017 and earn income must pay their taxes in 2018. However, the rental income obtained must enter the rental tax tranche determined at different rates each year. Tax payments of the exempt revenues can be deferred to the next tax period. The first installment of the people who will pay rent income tax is in March. Second payments are made in July.
2018 Inheritance Tax
Inheritance and inheritance tax is the type of tax that is levied when goods belonging to a person who is a Turkish citizen are transferred to their heirs by inheritance or passed to another person without any reason for any reason. In this way, a person who has acquired housing must submit a declaration. Inheritance and inheritance taxes are paid when it is decided to obtain an income above the tax limit from the real estates obtained by the declarant.
Inheritance and gift tax payments last three years. The first installment payment of the tax paid in two equal installments each year is in March. For second payments, it is in July.
Where Can You Pay Property Tax?
In 2018, it is possible to pay tax debts to municipalities where your home is registered to pay for real estate and other tax types. Another payment alternative is the tax office. You can also make payments by using the online tax payment service provided by the Revenue Administration Department in order to prevent citizens from waiting in line because of the densities in the tax offices.