Rental Calculator for Individuals (With Simplified Claim for Rental Expenses)

For Residential Properties Only

What to do: Enter details in the grey boxes. If a box is not applicable, leave it blank.
Tips: For more information, mouse over the grey boxes or click on the field name in blue.
Disclaimer:This rental calculator is for the purpose of computing your net rental income. It is not an official declaration of your rental income.

Property 1

Address of Property: *required field

Are you the sole owner of the abovementioned property *required field

Period of Rental
Period from *required field

Period to *required field

Please indicate the number of months the property is vacant in the preceding year (if applicable). Months

Gross Rent S$ .00 *required field

Includes rental of premises, furniture and fittings, maintenance and others, as per your tenancy agreement.

Less: 15% Deemed Rental Expenses S$ 0 .00

Mortgage Loan Interest S$ .00

This refers to interest incurred on the mortgage loan. Do not include the instalment payment on the principal loan.

Total Expenses Incurred S$ 0 .00

Net Rent S$ 0 .00

Legal Share (%) of your property %

Legal Share (%) of your property (eg. 50%, 33.33%) % *required field

Your Share of Net Rent S$ 0 .00

Identification No. Full Name of Owner(s): Ownership (%)

Total Net Rent S$ 0 .00

You have to keep complete and proper records of all expenses claimed for 5 years. Receipts/vouchers etc. should be kept by you and may be required for
verification. Estimates are not acceptable for income tax purposes
 Rental Calculator for Individuals

What to do: Enter details in the grey boxes. If a box is not applicable, leave it blank.
Tips: For more information, mouse over the grey boxes or click on the field name in blue.
Disclaimer:This rental calculator is for the purpose of computing your net rental income. It is not an official declaration of your rental income.

Property 1

Address of Property: *required field

Are you the sole owner of the abovementioned property *required field

Period of Rental
Period from *required field

Period to *required field

Please indicate the number of months the property is vacant in the preceding year (if applicable). Months

Is this is your only tenanted property, and is this the first time you are receiving rental income from this property? *required field

Gross Rent S$ .00 *required field

Includes rental of premises, furniture and fittings, maintenance and others, as per your tenancy agreement.

Less: Expenses Incurred

Property Tax S$ .00

Mortgage Loan Interest S$ .00

This refers to interest incurred on the mortgage loan. Do not include the instalment payment on the principal loan.

Fire Insurance S$ .00

Maintenance Fee S$ .00

Repairs S$ .00

Agent's Commission S$ .00

Allowable Agent's Commission S$ 0 .00

Others, please specify:

S$ .00

S$ .00

S$ .00

S$ .00

Total Expenses Incurred S$ 0 .00

Net Rent S$ 0 .00

Legal Share (%) of your property %

Legal Share (%) of your property (eg. 50%, 33.33%) % *required field

Your Share of Net Rent S$ 0 .00

Identification No. Full Name of Owner(s): Ownership (%)

.
Total Net Rent S$ 0 .00

You have to keep complete and proper records of all expenses claimed for 5 years. Receipts/vouchers etc. should be kept by you and may be required for
verification. Estimates are not acceptable for income tax purposes