Zakat On Rental Income & Salary Withdrawn From Business
1 . The zakat you pay on rental income is production zakat . Once a year, on the due date of your zakat you also pay 2.5% zakat on savings/assets . These two are separate types of zakat. Even when you deposit your rental income in the bank and you have already paid production zakat on it, if there’s anything left in the bank account on your due date, it is subjected to assets/savings zakat. 2 . Quran verse 9:60 lists the heads of zakat which includes الْعَامِلِينَ عَلَيْهَا (al-‘amilina ‘alayha): the salaries of all employees of the state. Government uses taxes for the benefit of its citizens, even if it’s a portion thereof. Taxes paid to the governments are therefore deductible from zakat. 3 . The zakat calculator assumes that you have already paid any immediate loan payments, salaries, etc. from your assets, if needed. 4 . Please explain the nature of your business. 5 . If a property is not in personal use then the current value of that property must be added to your assets (unless exempt by the state for any reason) and it will be subjected to zakat.