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Tax on rented flat

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  • Suarez
    Suarez Posts: 970 Forumite
    edited 22 September 2014 at 12:25PM
    Not if the OP has a BTL mortgage as they would be running a business. BTL is running a business.

    The OP needs to clarify the position but I doubt they will..;)

    Renting out 1 BTL would not be classed as business trading. There is a reason they have a "UK Property" section of the self assessment process.
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