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  • FIRST POST
    • mailsmsi
    • By mailsmsi 17th Oct 16, 11:30 PM
    • 69Posts
    • 2Thanks
    mailsmsi
    Landlord rental income invest on ISA
    • #1
    • 17th Oct 16, 11:30 PM
    Landlord rental income invest on ISA 17th Oct 16 at 11:30 PM
    If landlord invest rental income on ISA ,is this tax free.

    Also if tenancy started this month ,when they need to register.

    For both landlord need to pay tax or the person who is in contract?
Page 1
    • deannatrois
    • By deannatrois 17th Oct 16, 11:45 PM
    • 4,325 Posts
    • 6,019 Thanks
    deannatrois
    • #2
    • 17th Oct 16, 11:45 PM
    • #2
    • 17th Oct 16, 11:45 PM
    Good idea to get an accountant.
    • G_M
    • By G_M 17th Oct 16, 11:46 PM
    • 37,060 Posts
    • 40,987 Thanks
    G_M
    • #3
    • 17th Oct 16, 11:46 PM
    • #3
    • 17th Oct 16, 11:46 PM
    If landlord invest rental income on ISA ,is this tax free.
    A landlord can do what he wants with the rent he receives.
    Money in an ISA is tax free (but must not be more than the annual limits for ISAs)

    Also if tenancy started this month ,when they need to register.
    Which country? In England, a tenancy does not need to be registered.
    But any deposit taken must be registered within 30 days.
    In Scotland, a landlord must be registered - before the tenancy starts.

    For both landlord need to pay tax or the person who is in contract?
    Originally posted by mailsmsi
    A landlord receives income (rent) and must declare this for tax.

    Which country?
    Are you a landlord?

    If England and a landlord, you need to learn A LOT MORE. Read:

    * New landlords: advice, information & links
    • mailsmsi
    • By mailsmsi 18th Oct 16, 6:14 AM
    • 69 Posts
    • 2 Thanks
    mailsmsi
    • #4
    • 18th Oct 16, 6:14 AM
    • #4
    • 18th Oct 16, 6:14 AM
    Many thanks for the reply.

    Landlord in England.

    Any more suggestion?
    • fishpond
    • By fishpond 18th Oct 16, 6:38 AM
    • 886 Posts
    • 478 Thanks
    fishpond
    • #5
    • 18th Oct 16, 6:38 AM
    • #5
    • 18th Oct 16, 6:38 AM
    Many thanks for the reply.

    Landlord in England.

    Any more suggestion?
    Originally posted by mailsmsi
    See post 2 & 3.
    I am a LandLord, so there!
    • theartfullodger
    • By theartfullodger 18th Oct 16, 10:13 AM
    • 8,349 Posts
    • 10,902 Thanks
    theartfullodger
    • #6
    • 18th Oct 16, 10:13 AM
    • #6
    • 18th Oct 16, 10:13 AM
    You can invest the income in anything you like (gold bars, ISA, shares..) but the rental income will have to be declared and taxed first:
    • G_M
    • By G_M 18th Oct 16, 1:40 PM
    • 37,060 Posts
    • 40,987 Thanks
    G_M
    • #7
    • 18th Oct 16, 1:40 PM
    • #7
    • 18th Oct 16, 1:40 PM
    Many thanks for the reply.

    Landlord in England.

    Any more suggestion?
    Originally posted by mailsmsi
    How many suggestions do you need?

    You've not yet had time to read the link in post 3 which is full of suggestions, and provides 32 further links with more relevant information!
    • Crashy Time
    • By Crashy Time 19th Oct 16, 12:19 AM
    • 2,927 Posts
    • 1,688 Thanks
    Crashy Time
    • #8
    • 19th Oct 16, 12:19 AM
    • #8
    • 19th Oct 16, 12:19 AM
    http://www.telegraph.co.uk/news/2016/10/18/half-a-million-landlords-will-face-harsher-tax-rules/
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