Rental Income query

Hugh1983

this post has been updated and removed

purdyoaten

It is not necessary to complete a tax return - but HMRC need to be informed!

http://taxaid.org.uk/guides/information/an-introduction-to-income-tax-national-insurance-and-tax-credits/income-tax/it-is-your-responsibility-to-tell-hmrc-if-you-owe-income-tax

On the second point - if the property is let at a full market rent there is no reason why losses cannot be carried forward. However, his situation appears complicated ('he is going to pay her bills') and proving this might be problematic.

quietriot

Hugh1983 wrote: »

this post has been updated and removed

Well, that's certainly helpful if someone else has the same query in future. Good job.

purdyoaten

quietriot wrote: »

Well, that's certainly helpful if someone else has the same query in future. Good job.

My answer must have upset him!