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Tax credits renewal and Property Income
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charliesays
Posts: 2 Newbie
Hi all,
hopefully this is a basic straight forward question. . .
We have just recieved our tax credit renewal form and it is asking to declare income from our rental property.
Does this mean the 'profit' from rental income (- all expenses) or the rental payment total recieved over the stated period ?
TIA
hopefully this is a basic straight forward question. . .
We have just recieved our tax credit renewal form and it is asking to declare income from our rental property.
Does this mean the 'profit' from rental income (- all expenses) or the rental payment total recieved over the stated period ?
TIA
0
Comments
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http://www.hmrc.gov.uk/taxcredits/start/claiming/income-hours/other-income.htm
This link tells you about property income and has a sheet to work out how much you put on the form.Credit Card: £796 Left/£900 October 2011 :eek:Store Card: £100 October 2011
Declutter 100 Things In January 100/100:j:beer:
No Buying Toiletries 20120
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