Tax on rent in SwiftlyBooks

What it shows

• Each landlord's commercial rent collected in the month shows, before VAT, with the 15% tax on it.
• Under How, each says whether it is withheld on their statement, paid by them with proof, or on self-assessment.
• An informal trader without tax clearance pays 10% of their rent besides, as the informal traders' tax.
• Earlier and Later move between months.

Pay ZIMRA

1. File the return with ZIMRA by the 5th of the month after.
2. Pay ZIMRA from the trust account by the 10th.
3. Press Record payment to ZIMRA, give ZIMRA's reference, and press Record it.

Say how a landlord pays it

1. Open the landlord. Under Their terms, find Presumptive rental income tax.
2. Choose Withheld by us, Paid by them, with proof or On self-assessment, then press Save.

Good to know

• Flats and houses are homes, outside the tax: only commercial rent counts.
• A landlord's payout waits while their proof for the month, or how they pay it, is still to come.

Related

• Landlords
• Landlords' money
• Leases
• Rent runs