Who is liable for tax on rentals?


Tuesday, August 10th, 2010

Tuesday, August 10th, 2010

TaxFix

If you rent a property and you receive an income from it you may need to pay tax.

If the income is greater than the allowable expenses for your property that you may need to pay tax on the profit, if you earn above the tax free allowance.

If you need help with a property tax return, you can apply here:

http://taxfix.co.uk/tax-return/landlord.php