Glossary

Imputed rental value

The imputed rental value is a notional income that owners who live in their own home must declare for tax purposes. It corresponds to the rent they could obtain if they let their property. It applies to both main residences and second homes.

This income is added to taxable income. In return, the owner may deduct mortgage interest and the property's maintenance costs. The imputed rental value is set by the tax authorities according to criteria specific to each canton (floor area, location, year of construction, standard of finish).

The system is set to disappear: the abolition of the taxation of imputed rental value comes into force on 1 January 2029. From that date, the notional income will no longer be taxed, but the deduction for mortgage interest and, to a large extent, the deduction for maintenance costs will also be removed. The impact therefore depends on each owner's situation, in particular their level of debt.

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