We leased out a little flat for a year, and am doing our first tax self assessment. Quick question if there is anyone else out there who has done a return for property income:
On the property page, the top box is for your income on the property and then a box underneath it for tax deducted on the rent and other income from it.
But I am doing the assessment for them to tell me the tax I need to pay. What is that box all about? Just spent 20 minutes waiting on the helpline, and then the helper went to check with her boss, as no-one had ever asked her before and we got cut off. Can't face another 20 minute wait if clever Mnetters know the answer.
TIA