What is rent deduction, how is it calculated?

Fraction is a word of French origin meaning pre-cut. Rent deduction is a deduction from the gross rental price of the rented workplace. Rent deduction is a type of tax system that applies to commercial real estate. This is the process of paying taxes before the rental income reaches the property owner. In this way, tax payments can be made regularly and easily. The tenant is obliged to pay the tax related to the rent.

When is the rent deducted? The tenant is required to pay the rent every month. The tenant of the workplace pays the rent on behalf of the property owner through the tax offices. The property owner can track the rental tax from the deductions made in my name (rights) page in the e-government. The property owner has the right to demand eviction if the tenant does not pay the rent.
How is the rent deduction calculated? The rental tax is calculated and paid on the gross rental price determined in the rental contract. 20% of the gross rental price is the withholding tax rate. If the gross rental price is not specified in the rental agreement, the gross rental price can be calculated by multiplying the net rental rate by 1.25 or dividing by 0.80. For example, 20% of the workplace with a gross rental cost of 4000 lira, that is 800 lira, is withholding tax. 3.200 lira is the net rent to be paid to the property owner.
Who is exempt from withholding tax on rent? Rent deduction is the payment of tax on income subject to income and corporate tax. According to Article 95 of Income Tax Law No. 193, some people are not obliged to pay rent. The persons specified in the article of the relevant law are:

People who receive their salary from abroad Officers and servants working in foreign embassies and consulates People who make payments that require an annual declaration Affordable rental tax to pay tax liability arising from the rental of commercial properties will be Before the property owner receives the rental income, the withholding tax is deducted. By paying the tenant's rent deduction, paying the property owner's tax is easier and can be done without interruption.