Thanks Nigel,
I have another question if I may; I have an account at the Co-op branch in Peyia and the rent will be paid into that. I presume the interest accruing to that account is taxed/defence levied in Cyprus? or is that also declared and taxed in the country in which I am tax resident, ie UK ...
Search found 2 matches
- 23 Mar 2015 15:38
- Forum: General Property Questions
- Topic: Tax to be paid on rental
- Replies: 3
- Views: 11318
- 22 Mar 2015 08:35
- Forum: General Property Questions
- Topic: Tax to be paid on rental
- Replies: 3
- Views: 11318
Tax to be paid on rental
I am going to rent my house in Cyprus after living here ten years, I have my title deeds. Can anyone tell me what taxes I have to pay on the rent I collect.. eg the CY government seems to be saying that I don't have to pay defence levy if I am not resident in CY