Rent Income Calculator
Use the Czech Rental Income Calculator to determine your annual net income from renting real estate and apartments after taxes. Simply input the rent amount for the full year
What is the apartment rental tax in the Czech Republic?
How much rental tax will I pay as a non tax resident?
What is the law on real estate / apartment rental taxes?
If you rent any real estate or apartment over a longer period of time without providing services, tax obligations arise. Note: Services such as housekeeping, catering, and similar fall under accommodation services, and have different tax regimes. If no accommodation services exist, then renting out property is subject to real estate and apartment rental tax.
How is landlord vs entrepreneur defined?
Who has to pay rental income tax in the Czech Republic?
Any income under CZK 6,000 annually from business, rental or other income-generating activities is not subject to taxation. If below this amount, there is no requirement to submit a tax return, and thus, nothing to pay. The threshold increases to CZK 15,000 if there is zero income other than the rental for the year. If you exceed either threshold, you must then pay rental income tax. In this case, tax filers report either actual expenses or using the simpler 30% flat tax rate.
Should I claim actual expenses on the tax report?
Reporting actual expenses is both more complicated and time-consuming than the simpler flat tax regime. Tax filers have to keep records of all tangible assets or real estate, as well as any costs for repairs. This recordkeeping must also document expenses up to 3 years back for the Czech Financial Office. In case of tax loss, it’s 8 years retroactively. Income tax will then account for deductible expenses, and any additional tax discounts or relief you might be eligible to claim.
How can the 30/70 flat tax rate be advantageous?
( ! ) - Consider consultation with Pexpats’ professional tax advisors to find the best tax regime in the Czech Republic for you.