Filing your rental income return (individual)

A step-by-step for individuals filing the rental income return.

Step 1 — Capture the rental income

Every month's receipt, by property.

Step 2 — Capture allowable expenses

Maintenance, insurance, management fees. Keep receipts.

Step 3 — Capital allowance on fixtures

20% straight-line on fixtures installed. Keep purchase invoices.

Step 4 — Generate and submit

VitalReturns generates the URA-compatible return and submits it.