How to set up prepayments for tax on rental income

You can also use Tax Card Online to set up prepayments for tax on rental income.

  1. In step 1 (Your details), check that your details are correct.

  2. Proceed to step 2 (Declare income and expenses) by clicking “Next” at the bottom of the page.

  3. Scroll down until you get to “Capital gains”. Select “Rental income”.

  4. A form will open in a new window. Declare your rental income and select “Prepay tax on income subject to withholding tax” at the bottom of the page. Click “OK”.

  5. This will take you back to step 2 (Declare income and expenses). Scroll down to the bottom of the page and click “Next”.

  6. You will be taken to step 3 (Summary). Step 3 shows you a breakdown of your taxes and payments. Scroll down to the bottom of the page and click “Next”.

  7. You will be taken to step 4 (Submit). Submit the information.
    Also remember to declare rental income in your tax return.

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