Rental Income Tax in Turkey in 2026

As of March 1, the declaration period for rental income earned from real estate in Turkey during 2025 has officially started.

The deadline for submitting the declaration and paying the first installment is March 31, 2026.

Tax-Free Allowance

Residential rental income benefits from a tax exemption. Currently, the annual tax-free allowance is 47,000 TL.

If annual rental income does not exceed 47,000 TL, no tax is due. If the income exceeds this amount, tax is calculated only on the excess.

Example:

Annual rental income: 220,000 TL

220,000 − 47,000 = 173,000 TL taxable base.

Tax is calculated only on this amount.

Although there are periodic discussions regarding the cancellation of the tax-free allowance, the exemption remains in effect in practice.

Commercial properties are subject to a different threshold of 330,000 TL.

How Is the Tax Calculated?

Rental income is subject to progressive income tax.

The rate starts at 15% for the first tax bracket and increases as income rises.

Example calculation:

Annual rental income: 360,000 TL

1. Apply the tax-free allowance:
   340,000 − 47,000 = 313,000 TL
2. Apply the standard 15% deduction:
   313,000 − 43,950 = 266,050 TL
3. Income tax payable:
   45,310 TL

Declaration Deadline

Tax declarations must be submitted annually between March 1 and March 31 for income earned during the previous calendar year.

How to Submit the Declaration

— via Dijital Vergi Dairesi
— through Hazır Beyan / GİB
— personally at the local tax office (Vergi Dairesi)

Tax Payment Procedure

The tax is paid in two installments:

— first payment by March 31
— second payment by the end of July

Payments can be made:

— through Dijital Vergi Dairesi
— via the GİB Mobil application
— at banks
— through PTT

Failure to submit the declaration on time may result in the loss of the tax exemption as well as penalties and late payment interest.

For property owners renting out real estate in Turkey, tax obligations should be considered when calculating investment profitability.