Hi can you please explain how the old lease is calculated!
(1) House number 1 (unfurnished)
A lease at an annual rental of £4,500 (paid monthly in advance on the first day of the month) ended on 30 June 2021. The house was then unoccupied until 31 December 2021. Between these dates it was redecorated internally at a cost of £2,000. It was re?let from 1 January 2022, with the annual rent of £5,000 being paid in full on that date.
What is the net taxable property income for the tax year 2021/22 for house number 1, to the nearest £?