Property Income Assessments, Furnished Holiday Lettings and Rent a Room – ACCA Taxation (TX-UK) Exam FA2019
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5 Comments
D
Dércio·
First of all, thank you for another great lecture.
Now, when it comes to Rent A Room Losses brought down can we offset these against any property income (including Holiday Lettings) or only against Rent a Room income?
Regards
N
NIHAL·
Thanks a lot!
M
medeagoguadze·
Hello,
Example 3: for the 2020 September exam, a mortgage interest charge will not be accounted as expenses, but tax relive of 20% of full amount will be given (despite the fact if its higher or additional taxpayer) is that correct?
Thank you.
R
Rowhan·
No for September exams tax year 2019/2020 will be used. So it's 25% reduction and 75% tax relief.
N
nic·
These lectures on acca-tx-uk are just what i needed for better understanding as i have only been studying via the Kaplin textbook. So much better to hear from someone talking in person about it and hes really good at explaining in an interesting way . Greatly appreciated.
Now, when it comes to Rent A Room Losses brought down can we offset these against any property income (including Holiday Lettings) or only against Rent a Room income?
Regards
Example 3: for the 2020 September exam, a mortgage interest charge will not be accounted as expenses, but tax relive of 20% of full amount will be given (despite the fact if its higher or additional taxpayer) is that correct?
Thank you.