Rental income

This topic contains 1 reply, has 2 voices, and was last updated by Profile photo of Tax Tutor Tax Tutor 2 years, 4 months ago.

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts

  • Profile photo of Nizar
    Nizar
    Participant
    • Topics: 49
    • Replies: 110

    i would like to ask, if an individual rented out its property, and the question state that he has no other income, then the income from renting his property is classified as a rental income or business income?


    Profile photo of Tax Tutor
    Tax Tutor
    Keymaster
    • Topics: 1
    • Replies: 667

    It is rental income assessed on the amount accrued in the tax year

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.