Cyprus rental tax, records and what you can claim
Three separate charges can land on rent: income tax on what is left after deductions, plus GESY, and — depending on the year and your domicile — the Special Defence Contribution. Rent is also taxed on top of your other income rather than on its own, so the same rent costs a pensioner and a full-time salary earner very different amounts. Our calculator works it out per tax year; confirm the figures with your accountant.
No, and it does not give tax advice. It keeps income and costs per property through the year and produces a CSV your accountant can work from. The guides explain what to record and why; the rates and the filing are theirs.
They belong here too. Mark each one let, empty, family use or short-let, and the tax report shows what the ones earning nothing still cost you in insurance, common expenses and standing charges over the year. That figure appears in no income report anywhere, which is why most owners have never seen it.
Broadly: costs that keep the property as it was, loan interest, and capital allowances — not improvements, and not your own time. The distinction that matters most is attribution: a cost recorded against the wrong property is wrong in two directions at once. The deductible-expenses guide covers this properly.