This is the tax imposed on a person who receives income from the leasing or letting of property either for residential or commercial use.
The rental income tax rates are 8% for residential rent earned and 15% for commercial rent, both on the gross rental income earned.
Instructions;
Step 1: Input Gross Rent Received
Step 2: Check the Commercial box if rent is received from a commercial property.
Step 3: Click on for automated calculation
