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How to report joint lettings income on your Tax Return?

If you have rental income from jointly owned property, this video explains how you should report it on your tax return. You'll find out about:

• sharing income and expenses depending on the relationship of the owners
• the rules for married couples
• when to fill in a form 17

This video gives clear, concise guidance to help you with your jointly-owned property income.

How do I report joint lettings income on my tax return? If you have rental income from jointly owned property, this video e...

This video explains what property rental expenses are allowable for legal, management and other professional fees. It covers:

• what qualifies as an allowable expense
• management fees, advertising and administration costs
• lease renewal and eviction costs
• expenses that aren't allowable

You can find out more about property rental income and expenses on GOV.UK and in our other videos on YouTube.

0:00 Introduction
0:07 Wholly and exclusively
0:13 Total property income receipts below VAT threshold
0:27 Legal, management and other professional fees
0:52 Which costs should be excluded?
1:04 Further help and support

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Visit GOV.UK
https://www.gov.uk/guidance/income-ta...

What legal, management and professional expenses can I claim for my property rental? This video explains what property rental expenses are allowable for legal, management and other professional fees. It covers:• what qualifies as an allowable...