Landlords beware! Tax exemption for rental income increased

  • Marion Budwig by Marion Budwig
  • 3 weeks ago
  • 0

The allowances and reductions from which many taxpayers benefit were also increased by the revaluation rate of 43.93 percent:

The tax-free allowance of 33 thousand lira on rental income was increased to 47 thousand lira,

the tax-free allowance of 87 thousand lira for capital gains to 120 thousand lira,

the tax-free allowance of 200 thousand lira for secondary income to 280 thousand lira

and the declaration limit for non-withheld and tax-free movable and immovable capital gains is 18 thousand liras.

(Kaynak)

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