Nepal Rental Income Tax Calculator
Calculate tax on rental income from residential and commercial properties in Nepal. This calculator includes all applicable deductions such as property tax, maintenance, depreciation, and home loan interest according to Nepal tax laws.
Rental Income Tax Calculator
Select Property Type
Rental Income Details
Owner Details
Nepal Resident
Resident tax rates apply
Individual Owner
Not company/institution
Female Property Owner
May qualify for additional benefits
Total rental income received in a year
Deductible Expenses (Optional)
Annual property tax paid to local government
Limited to 5% of property's depreciation base
Annual property insurance premium
Property management service fees
Legal fees, advertising, etc.
Include Depreciation
Home Loan on Property
Advanced Options
Optional
Nepal Rental Income Tax Guide
Tax Rates
- Residential: 10% flat rate
- Commercial: 10-15% by location
- Non-residents: 15% threshold
Key Deductions
- 50% standard deduction (residential)
- Property tax & insurance
- Home loan interest (100%)
Depreciation
- Buildings: 5% annually
- Land: Not depreciable
- Straight-line method
Compliance
- File within 3 months
- Pay at ward office
- Keep all receipts
Tax Rates
- • Residential: 10% (residents)
- • Residential: 15% (non-residents)
- • Commercial: 10-15%
- • Companies: 25%
Standard Deduction
- • 50% for residential properties
- • Available only for individuals
- • Not for commercial properties
- • Simplifies tax calculation
Deductible Expenses
- • Property tax (100%)
- • Maintenance (up to 5%)
- • Insurance (up to Rs 20,000)
- • Home loan interest
Tax Exemption
- • Rs 5 lakh for residents
- • No exemption for non-residents
- • Depreciation at 5% p.a.
- • Female: 10% tax rebate
How to Use This Calculator
- Select your property type (Residential or Commercial)
- Choose your residency status and owner type
- Enter your annual rental income
- Add all deductible expenses (property tax, maintenance, etc.)
- If you have a home loan, enter the interest amount
- Click Calculate to see your tax liability
Important Notes
- • Standard deduction of 50% is available only for residential properties and individual owners
- • Tax must be paid at your local ward office
- • Filing deadline: Within 3 months of fiscal year end (mid-October)
- • Keep records of all expenses for at least 6 years
- • House rent paid by tenants over Rs 50,000 monthly requires TDS deduction
- • For complex situations, consult a qualified tax professional
Tax Filing Requirements
- • Where to file: Local ward office or IRD
- • When to file: By Ashwin (mid-October) for FY ending Ashad
- • Documents needed: Property papers, rental agreement, expense receipts
- • Payment method: Cash or bank deposit
- • Penalty: 1.5% per month for late filing