What are the tax codes to pay theregistration tax on the rental? When you enter right into a rental settlement, it’s essential to pay the related registration tax, along with stamp obligation. This is a compulsory tax, equal to 2% of the annual lease agreed along with your tenant. But how do you proceed with the cost?
Valid for each new contracts and people tacitly renewed, the registration tax on the rental could be paid for by way of telematics or, once more, by way of F24 Elide mannequin. The related tax codes are these numbered from 1500 to 1511. The tax can, nevertheless, differ relying on the kind of rental: because of this, earlier than getting into into an settlement with the tenant, it’s helpful to utilize on-line instruments to decide on the rental contract the rental that most accurately fits your wants.
The desk of tax codes for the registration tax on rental
As already talked about, in an effort to pay the obligatory registration tax on the rental, it’s crucial know the related tax code. This should be entered on the F24 type, the compilation of which can be defined within the following paragraphs. Alternatively, the tax could be paid by profiting from the Revenue Agency’s Telematic Services.
Since the tax should be paid each on the first registration of the rental – and, for this function, it might be helpful to make use of pre-compiled rental contract types – and for subsequent years, the tax code could differ. To establish it, merely observe the desk made obtainable by the Revenue Agency:
Tax CodeType of Tribute1500Registration tax for first registration1501Registration tax for subsequent years1502Registration tax for transfers of the contract1503Registration tax for terminations of the contract1504Registration tax for extensions of contact1507Penalties for late first registration1508Interest for late first registration1509Penalties for late first registration vo annual cost and obligations subsequent1510Reform curiosity for late cost of annuities and subsequent obligations1511Sanction for failure to speak the extension or termination of the contract topic to flat price tax
Since there are various codes, and the chance of confusion is excessive, it’s value specializing in a number of the most typical doubts amongst property homeowners who’re getting ready to pay the tax.
What is tax code 1501?
As specified within the desk, the tax code 1501 identifies theRegistration tax for subsequent years. But what is supposed by this definition? In different phrases, it’s the tax to be paid for the years following the primary registration of the rental contract, with the exception, nevertheless, of extensions, terminations and transfers of the contract, which offer for different particular codes.
Consequently, code 1501 should be used for all rental years following the primary, till the extension of the identical contract.
When is tax code 1502 used?
Il code 1502nevertheless, should be used when a project of the contract. But when ought to it really be used? The Revenue Agency itself specifies this:
the project happens when the lessor, or the tenant, is changed within the contract by a new topic;if the settlement between the events doesn’t present for the cost of a charge, the registration tax could have the fastened quantity of 67 euros. On the opposite, the standard measure of two% on the quantity agreed by the events stays.
When is tax code 1505 used?
Il tax code 1505 it doesn’t concern the registration tax on the rental, however slightly the contextual and obligatory one stamp obligation.
The latter includes the cost of a 16 euro contribution for each 4 written pages of the rental contract or, once more, each 100 traces.
Which F24 to make use of for registration tax on the rental contract
Once the mandatory tax codes have been recognized, for instance for the primary registration of the contract or for the cost of subsequent years, through which F24 ought to they be entered? For the cost of the registration tax, there are primarily two strategies:
il F24 Elide mannequinalso called F24 Identification Elementswhich represents the abnormal technique for paying the registration tax for rental contracts; i telematic providers of the Revenue Agencywith the RLI or RLI-Web software program which, for the years of the lease following the primary, includes the debiting of the present account of the lease holder.
Before filling out the shape, it’s helpful to do not forget that the registration tax on the rental is a tax equal to 2% of the annual lease. However, for agreed rental contracts there’s a 30% discount within the quantity, whereas for flat price leases the tax just isn’t due. Furthermore, the registration tax can’t be lower than 67 euros and should be paid inside 30 days of the opening of the contract or, once more, inside 30 days of the expiry of the earlier annuity.
How to fill out the F24 for registration tax
But how do you proceed in filling out the F24 Elide type? In addition to the important tax codes, it’s essential to have the non-public information of each the property proprietor and the tenant, in addition to the identification code of the rental contract.
The first step in filling out the F24 type includes getting into some data within the “Taxpayer Section”:
Tax ID code, private information e tax domicile who makes the cost, normally the proprietor of the property;Tax ID code e counterparty identification codenormally the tenant, by getting into the quantity “63”.
For the following “Revenue Section and extra”, as a substitute, you must proceed as follows:
Office code and deed code: no compilation required;Type: “F”;Identification Elements: the 17-digit code regarding the rental contract, reported within the registration receipt for contracts submitted electronically or on the request type obtained on the places of work of the Revenue Agency;Code: the related tax code;Reference 12 months: that regarding the registration or annual renewal of the lease;Debt quantities paid: the quantity you must pay.
Since the compilation could be advanced, and the chance of encountering errors is excessive, the recommendation is to depend on the assistance of your trusted accountant or, once more, one other skilled skilled in taxes.