Annual value - how determined
Annual value = higher of actual rent received and fair rent (or municipal value). For self-occupied property: annual value is nil.
Key provisions
- Annual value = higher of actual rent received and fair rent (or municipal value). For self-occupied property: annual value is nil.
Use via API
GET/v1/tax-law/sections/by-2025-ref/66
Programmatic access - free, no signup required. ISR-cached for 24 hours.
REQUEST · cURL
curl https://api.thynktax.com/v1/tax-law/sections/by-2025-ref/66
RESPONSE · 200 OK
{
"act_2025_ref": "66",
"old_reference": "Section 23, Income Tax Act 1961",
"title": "Annual value - how determined",
"category": "Section",
"limit_or_rate": "-",
"applicable_to": "-",
"effective_from": "2026-04-01"
}