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unfurnished property income and pension

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › unfurnished property income and pension

  • This topic has 1 reply, 2 voices, and was last updated 12 years ago by Tax Tutor.
Viewing 2 posts - 1 through 2 (of 2 total)
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  • April 20, 2013 at 11:35 am #122959
    ban123
    Member
    • Topics: 16
    • Replies: 15
    • ☆

    Hi,
    why is unfurnished property income NOT relevant for pension contribution calculation, is unfurnished property income qualifies as NSI at all?

    Thanks

    April 23, 2013 at 6:20 am #123306
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    Hi
    Both unfurnished and furnished property income are not relevant earnings for purposes of pension contributions! It is only furnished holiday lettings that are included as relevant earnings as this is viewed for this purpose as trading rather than investment income. All property income is classified as non savings income.
    Hope this helps

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