Taxation of property income
Cash basis
Commentary –
6.1
Changes from April 2017
Corporate landlords
Deposits
Commentary –
6.7.2
Expenses deductible
Commentary –
6.8
Generally
Commentary –
6.1
Income tax
Default basis of taxation
Commentary –
6.2
Generally
Commentary –
6.1
Person liable
Commentary –
6.2
Individual landlords
Lease premiums
– see Lease premiums
Management expenses
Commentary –
6.8.5
National Insurance
Commentary –
3.2
Partnerships
Commentary –
2.5.5
Property allowance (alternative for small businesses)
Commentary –
6.9
Residential v commercial property
Commentary –
1.3
Reverse premiums
– see Reverse premiums
Service charges
Commentary –
6.7.3
Trading or investing (consequences of distinction)
Commentary –
3.2