Which magazine have published hints for landlords when completing their tax returns.
It can be seen here, and covers:
- Find out if you need to complete a self-assessment tax return
- Work out your taxable income
- File and pay on time if you can
- Check if you’ll need to pay National Insurance
- Get to grips with new tax relief rules
- Remember to deduct your expenses
- Keep track of minor costs
- Offset local licensing fees
- Assess your portfolio as one business
- Carry forward losses from previous years
- File your 2020-21 tax return with Which?