23.10.2025 16:01
The Revenue Administration (GİB) has responded to recent claims on social media stating that "a new tax has been imposed on rents." GİB announced that there is no new tax regulation regarding rental income in the draft tax laws currently being discussed in the Grand National Assembly of Turkey.
The Revenue Administration (GİB) announced that there is no new tax regulation regarding rental income in the draft law concerning tax laws currently being discussed in the Grand National Assembly of Turkey (TBMM).
The Revenue Administration (GİB) made a statement regarding claims that "a new tax has been introduced for rents." It was stated that a clarification was necessary due to misleading posts on some social media platforms claiming that "a new tax has been introduced for rents." The statement included the expression, "There is no new tax regulation regarding rental income in the draft law for the Tax Laws and Amendments to Certain Laws and the Decree Law No. 631, which is currently being discussed in the TBMM; however, exemptions are being removed."
CURRENT SITUATION REMINDED
The statement noted that according to the existing provisions, residential rental income is collected without any deductions, and if the rental income exceeds the exemption limit (47 thousand lira), it is declared in March of the following year, and income tax is paid accordingly.
It was reported that no declaration is made for rental income below the exemption limit, and the following information was provided in the statement:
"However, those who are required to declare their commercial, agricultural, or professional earnings with an annual declaration, regardless of whether a declaration is necessary, will not benefit from the exemption if the total of their salary, capital gains, real estate capital gains, or other income and earnings exceeds the amount specified in the third bracket of the income tax tariff for salaries, which is 1 million 200 thousand lira for the year 2025. The new regulation will apply to residential rental income obtained from January 1, 2026."
REGULATIONS REGARDING THE REMOVAL OF EXEMPTIONS ARE BEING MADE
The statement indicated that the regulation in the draft law preserves the exemption application for retirees, widows, orphans, and those receiving disability pensions, while it will be removed for others earning rental income.
It was emphasized that a regulation that should not be overlooked is Article 86 of the Income Tax Law, which states that no annual income tax declaration will be required for residential rental income that does not exceed the declaration threshold of 18 thousand lira.
The statement noted that those who choose the actual expense method will pay income tax on the remaining amount after deducting expenses and reductions specified in the law, such as lighting, heating, water and elevator, administration, maintenance, and upkeep costs related to the rented residence from the declared income, and it was recorded:
"The exemption (47 thousand lira) for retirees will be preserved under the current conditions; however, those who earn commercial, agricultural, or professional income or have other income exceeding 1 million 200 thousand lira, even if they are retirees, will not benefit from this exemption as before. In summary, no new tax is being introduced for residential rental income; regulations regarding the removal of exemptions are being made."