Are you a property owner in Pakistan? Calculating rental income taxes can be a complex task. Use our accurate calculators to determine your tax liability and optimize your rental income. On this page you will be able to calculate rental income tax, withholding tax, and deductions in Pakistan.
These calculators as based on Rental Income Tax Rates applicable in Pakistan.
RentalWithholding Tax Calculator:
This tax is collected at source from the owner by the tenant each month and deposited with the government. Here’s a withholding tax calculator on rent applicable from July 1, 2024.
Monthly withholding tax on rental income deducted from owner is adjustable in final taxes at the time of filing tax return. Deductions are not allowed in withholding tax on rental income.
Rental IncomeDeductions Calculator:
Taxpayers can reduce taxes on rental income at the time of filing tax-returns. This calculator will help you calculate deductions allowed in rental income.
Section 15A allows deductions for various expenses related to property ownership and maintenance.
Individual Rental Tax Calculator:
This tax is payable by the owner at the time of filing annual tax return. Here’s a rental tax calculator applicable from July 1, 2024.
Key Features of Our Rental Income Tax Calculators:
- Accurately calculates monthly withholding tax on rental income.
- Based on the latest tax rates and regulations.
- Helps you understand the amount to be deducted by your tenant.
- Determines eligible deductions for property expenses.
- Maximizes your tax savings by reducing taxable income.
- Calculates your final tax liability on rental income.
- Considers deductions and applicable tax rates.
- Provides clear insights into your tax obligations.
Why Use Our Rental Income Tax Calculators?
- Accuracy: Our calculators are based on the latest Pakistani tax laws and regulations.
- Ease of Use: A simple and intuitive interface makes calculations quick and easy.
- Up-to-Date: We regularly update our calculators to reflect any changes in tax laws.
- Time-Saving: Quickly calculate your tax obligations.
- Free to Use: Our service is completely free, saving you time and money.
Tax laws in Pakistan can change frequently. TaxationPk keeps you informed about the latest updates and ensures our calculators are always up-to-date.
Need More Help?
If you have any questions or require further assistance, please contact our tax experts.
