I wanted to know why if a new tenant starts from July 2018 and you didn’t get paid for June 2018 by old tenant, it is 11/12 x £9600 because isn’t the tax year from April 2018 to April 2019?
therefore from July 2018 to April 2019 is 10 months and rent is paid 1 month in advance so its 9 months out of the 12 so – 9/12 x £9600 no?
The tax year as you should clearly know is from 6 April to following 5 April and rent is received for 11 months of the tax year – all except June! The old tenant = 1 month received 1 May 2018 New tenant = 10 months received 1 July 2018 to 1 April 2019