If you are a landlord, you too have to submit a tax return to declare your rental income to the HMRC even if you are otherwise employed
When renting property landlords must declare their income, by tax return, to the HMRC, if you are not making a profit at the moment it is still recommended that you declare this loss to the HMRC as losses are carried forward to written off any future profits
At Hicks Stephens we also complete tax returns for individuals who happen to have properties in other countries.
Call us or fill out our online affordale tax return affordable tax return Quote Request property accounts and tax returns.
Hicks Stephens will sort out your Tax Returns at an affordable price. There are nearly 5 million registered business in the UK, of these, just over 99 percent are considered to be “small” with turnover of £5.6 million or less and employees of fewer than 50, so you are not alone in your ventures and there will be other who are having the same problems as yourself.