Declare rental income in your tax return

Always remember to enter rental income in your tax return. The information you provide on your rental income for your tax card or prepayments is not automatically included in your pre-completed tax return.

Tax Return on the Web (

Go to online service

The e-Service has opened 8.3.2018 for the taxpayers whose personal deadline date for filing a tax return is 3.4.2018 (self-employed traders and self-employed professionals). For other taxpayers, the opening date is at the end of March.

Instead of filing online, you can return the paper form with the necessary enclosure form:

Keep receipts

Keep hold of your receipts and only send them to the Tax Administration if specifically requested. Do not enclose receipts with your tax return.

Keep records of your rentals, including all the information and receipts required for tax purposes.

Keep your records for six years from the beginning of the year following the end of tax assessment.

Pay tax on rental income

Check whether your rental income is covered by your tax card or prepayments. If not, request a new tax card or set up prepayments. This helps to keep your taxes up to date so that you will not incur back taxes.

Make sure to declare the following rental income correctly:

If your tenant pays their rent in advance, any amounts you receive before the end of the year count towards your taxable income during that year.

Example: Antti only paid Pekka for 11 months’ rent in 2017, as Pekka did not receive his December rent until January 2018. Pekka declares his rental income according to 11 months in his 2017 tax return. If Antti pays all the rent due in 2018 (12 months) during 2018, Pekka’s rental income in 2018 will be based on 13 months’ rent.

If you co-own a rental property, you only need to declare your share of the rental income and any associated costs.

For example, if you co-own a buy-to-let property with a partner, each of you should only declare half of the rental income and deductions.

Example: Sanna and Pasi are a married couple who co-own a flat that they have let to a tenant called Matti Meikäläinen. Matti’s rent is EUR 800 per month, which gives Sanna and Pasi a joint annual rental income of EUR 9,600. The maintenance charge on the flat is EUR 130 per month, or EUR 1,560 per year. Their other expenses from the rental amount to EUR 180 in total. Sanna needs to declare her share of the rental income (EUR 4,800.00) and the associated expenses (EUR 780.00 and EUR 90.00). Pasi needs to do the same.

If you own several buy-to-let properties, you need to declare the rental income from each property separately in your tax return and then add the amounts up:

  1. Declare rental income and expenses for each of your buy-to-let properties separately.
  2. Add up all your rental income or losses. Enter the sum under Rental income or Rental losses in your tax return.

Example: Rental income from property A (after deducting expenses) amounts to EUR 4,500 and rental income from property B to EUR 4,000. Property C has made a rental loss of EUR 2,000.

The rental income and expenses for each property need to be entered separately. Taxable rental income amounts to EUR 8,500 in total and rental losses to EUR 2,000.

Business or agricultural income may include rental income, such as rent on farmland. Such rental income does not constitute capital gains in its own right and is instead included in what is called divisible business income.

Rental income from business or agriculture must be declared as agricultural or business income.

If you co-own a property with a partner other than your spouse, the Tax Administration considers you to form a so-called property co-operative. Rental income from co-owned property is declared in the property co-operative’s tax return, not your individual tax return. Property co-operatives’ profit or loss is split between the owners and taxed as their personal income.



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