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  • FIRST POST
    • Gold Anaconda
    • By Gold Anaconda 8th Jan 18, 2:26 PM
    • 71Posts
    • 11Thanks
    Gold Anaconda
    only source of income from property
    • #1
    • 8th Jan 18, 2:26 PM
    only source of income from property 8th Jan 18 at 2:26 PM
    If your only source of income is from a property, are you classified as self-employed or not self-employed for tax purposes?

    I have had conflicting answers.

    I am a landlord.
Page 2
    • chrismac1
    • By chrismac1 9th Jan 18, 8:41 PM
    • 2,480 Posts
    • 1,470 Thanks
    chrismac1
    You register for self-assessment to declare the property income. You fill out just the property pages. You pay no NI unless you wish to do so voluntarily to get a credit to state pension.

    Your questions are all valid and reasonable. It is HMRC and their stupid rules and crassly designed forms where the fault lies here, as so often.
    Hideous Muddles from Right Charlies
    • Cook_County
    • By Cook_County 10th Jan 18, 1:09 PM
    • 2,914 Posts
    • 2,073 Thanks
    Cook_County
    Some Airbnb activities will be self-employment; even if there is only 1 property; depending on the level of services provided to the visitors.
    • Suarez
    • By Suarez 10th Jan 18, 1:47 PM
    • 937 Posts
    • 610 Thanks
    Suarez
    It's quite simple. If you have property giving you rental income alongside a job then fill out the property pages.

    If you are doing it as your main source of income it's classed as your business so fill out the self-employed pages.
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