Harry: Alternatively you could set yourself up as a one-person company with the sole defined corporate purpose of renting your own real estate.
Alternatively, if you are letting out to private people (not companies).
You can pay 5% (just came down from 10%).
The second way Harry is suggesting was better in the past because you were able to minus the costs.
But due to the new taxation law it works out better to just pay the 5%.
I think they made it less because most people 'forget to declare the income.'.
vndunne: you said that the going rate for an accountant is 200 zlt? Is that correct? The only reason why i ask is that i am then being fleeced by my current accountant.
It depends on what you are using the accountant for, if you have an LTD company and are dealing with a lot of invoices, it is substantially more.
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