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For landlords

Landlord tax calculator

As a private individual renting out a flat, 15% of your income is personal income tax (SZJA). You can calculate it two ways: with a 10% cost ratio (no invoices needed), or with itemised cost accounting (deducting costs backed by invoices).

E.g. repairs and maintenance related to the rental, service charge and utilities you paid, furniture bought for the rental.

Annual rental income

10% cost ratio

Tax base:

SZJA / year

Net: · /month

This is more favourable

Itemised cost accounting

Tax base:

SZJA / year

Net: · /month

This is more favourable

Good to know

  • The tax advance is usually payable quarterly, by the 12th of the month following the quarter; the annual settlement is made in your SZJA tax return.
  • If the tenant is a company or sole trader, they typically withhold and pay the tax advance (as the payer).
  • For itemised accounting, costs must be backed by invoices issued in your name, and you can choose between the two methods each year.
  • Renting out a flat as a private individual is generally VAT-exempt.

This calculator is for guidance only and does not constitute tax advice (rates checked: 2026. szeptember). For individual circumstances (e.g. as a sole trader, or with multiple properties), consult an accountant and check NAV's current guidance.

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