Cancelling a rental agreement

tarry67


Joined: 16/05/2008
Posts: 1053

Message Posted:
31/08/2010 18:34

If a tenant moves out can the landlord cancel the contract at the tax office so as not too pay the 10% tax. I was told that the tax has too be paid until the end of the agreement of the contract which is unfair if no rent is being paid. Just wondered if anyone has done this in the past.

kavenkoy


Joined: 10/04/2008
Posts: 1787

Message Posted:
31/08/2010 19:08

dont know specifically ,but would think tax is paid on the amount received .....the income .



a agrrement or short term tenancy presumably can be cancelled with notice?if its broken i would again think that leaves both parties with no income or no rent to pay .



is it up with a estate agent ?



may be elko will advise best



kav

Diogenes


Joined: 12/11/2008
Posts: 139

Message Posted:
31/08/2010 19:39

Steve, it is correct. Once the contract has been stamped in the tax office, the 10% tax has to paid for the duration of the contract. Tenants or no tenants. In the past I have deducted the future tax payments from the tenants deposit.

Deniz1


Joined: 28/07/2009
Posts: 3829

Message Posted:
31/08/2010 21:19

put down 0tl received and see what they say.

berilela


Joined: 17/07/2010
Posts: 590

Message Posted:
31/08/2010 21:58

i had someone renting my villa and only stayed 16 mths of a 3 year contract stamped by tax office i went and told them what had happened and they said no problem and cancelled it and said i must start paying again if i re rent