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Renting out your house, a room, a caravan or a sleepout?
Tuesday, September 19, 2017
If you get money from renting out your house, a room, a caravan or a sleep-out for any time at all - it's income.
This means you must file a tax return as you may have tax to pay - you may even get a refund. It depends on your other income (e.g salary or wages) and how much tax you've paid in the year.
Getting your taxes right is easy. Here’s what you need to know:
you must include the income on an Individual tax return (IR3). This can be filed online - for most people it’s due 7 July
you can claim expenses for the time you rented out the space - such as rates, insurance, cleaning and advertising
keep clear records to confirm all income and expenses.
Recent Tax Refunds
Lesina from
Hastings
got a tax refund of
$19.58
5 minutes ago
Kerryann from
Auckland City
got a tax refund of
$300.02
13 minutes ago
Michael from
Whangarei
got a tax refund of
$48.12
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Melissa from
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