Calis Beach and Fethiye Turkey Discussion Forum
Calis Beach Forum => Expat & Property Owners Q and A Forum => Topic started by: maclarke1 on July 30, 2015, 17:03:05 PM
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Good evening.
We are now intending letting our property in Turkey out for most of the summer, I understand that we now need to pay tax, as previously we did not earn a lot. Are we able, as joint owners, to split the income we receive between both of us, complete separate tax returns and each benefit from the 3,300 tlr allowance ( we are both named on the tape) any help greatly appreciated as just trying to work out potential tax liability.
Thanks
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Tax? What's that then?
JF
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You're a Mod John, delete it before this gets out of hand !!
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No I'm not. I swear too much and post way too much crap to be a Mod. I just fix things when they break :)
JF
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Frightening I know, but thought would try and keep on the good side of the tax man
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Don't expect the sentiment to be reciprocated!
JF
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I swear too much and post way too much crap to be a Mod. I just fix things when they break :)
JF
Sorry, I forgot. You're just a keyboard monkey. ;)
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I swear too much and post way too much crap to be a Mod. I just fix things when they break :)
JF
Sorry, I forgot. You're just a keyboard monkey. ;)
Less of the "just" KNOB :P
JF
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(https://encrypted-tbn1.gstatic.com/images?q=tbn:ANd9GcQv4JKa9aHkDS77ECwIF9o9V0ROJrPhGtuFS7Gg4FAcPDipysW9)
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Sorry to interrupt the banter but is it possible anyone has an answer?
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Yes, anybody know the answer, or a contact for somebody that does?
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If you are going to do this through an agency, they may be able to explain this tax situation to you?
Ten years ago when we bought our property, we were going to rent out and a guy came to the house to arrange rentals, he did, at the time, explain the tax situation.
Just to add, we changed our minds, could not bear the thought of strangers in our place :)
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A couple of links which hopefully, will give you the information you need.
http://www.gib.gov.tr/index.php?id=469
http://www.gep.gov.tr/tmp/_Gep1.pdf
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My understanding is that because you have two names on the Tapu you both get the allowance
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Been to the tax office, who have confirmed that if you have two names on the tapu , then you both get the tax allowance (3,300tlr 2014, I think).
Thanks for help all