How are landlords taxed for rental properties?
Posted in Landlord Taxed, Langricks, Michael Bell and Co, Rental Properties, Tax, Tax Avoidance, Tax Bills, Tax Panic, Tax Refund Scam, Tax Relief Claims, Tax Returns, Tax Rises, Taxman
If you’re a landlord, it is your responsibility to pay tax on the income you receive from your rental properties. Managing rental properties can be a lucrative full-time job, or a small second income, either way the profits you earn will be liable to income tax. Income tax is due on your total profit once…