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Help - land and property supp form
mumtoE
Posts: 15 Forumite
in Cutting tax
Ok...starting new thread in hope someone can help me out tonight as hoping to get my tax return done asap. To fill people in I have 2 returns to do, 2004-2005 and this years for rental income as a consequence of burying head in sand.
Q1) re. 10% wear and tear allowance. My total income is a sum of what I received from agency minus their fees and any repairs they have done (thought was easier to do this way as that is how is laid out on my statements from agency) so in any one month may be anything up to a max of £485(rental income minus agency fees). Rent is actually £550 pcm. So for the 10% allowance do I claim 10% of total income (includes repairs done by agency but not big repairs paid direct by me and agency fees) or 10% of rent (£55 pcm).
Q2) Do I need to fill out an employment supplementary form (employed by NHS)?
Thanks so much!!!!!
Q1) re. 10% wear and tear allowance. My total income is a sum of what I received from agency minus their fees and any repairs they have done (thought was easier to do this way as that is how is laid out on my statements from agency) so in any one month may be anything up to a max of £485(rental income minus agency fees). Rent is actually £550 pcm. So for the 10% allowance do I claim 10% of total income (includes repairs done by agency but not big repairs paid direct by me and agency fees) or 10% of rent (£55 pcm).
Q2) Do I need to fill out an employment supplementary form (employed by NHS)?
Thanks so much!!!!!
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