Property Income

This topic has 1 reply, 2 voices, and was last updated 7 years ago by Tax Tutor.

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April 14, 2019 at 7:51 am #512335

adarsh1997
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Hello,

Could you just briefly explain what is a “council Tax” and also indicate whether they deductible expenses for property income?

Thanks.

April 16, 2019 at 3:03 pm #513092

Tax Tutor
Member

No problem – it’s a local government property tax and yes it is an allowable expense if incurred by the property owner. In reality however it is usually the tenant who pays the council tax and so is irrelevant for the property income assessment of the owner.
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