Wear n tear allowance

This topic has 1 reply, 2 voices, and was last updated 11 years ago by Tax Tutor.

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
October 8, 2014 at 5:32 am #203804
Satiam
Participant
- Topics: 16
- Replies: 16
The formula is 10%(rental income – council tax/business rates and water rates)… but if we have bad debts, do we include it in the formula???
October 12, 2014 at 9:40 pm #204264
Tax Tutor
Member
- Topics: 2
- Replies: 3960
bad debts are deducted from the gross rental income
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.