Tax payable if the property rented out is the only property owned
Tax Planning and Financial

Lucy246
Lucy246
0 Thanks
1 Posts
1 month ago
0

I wanted to check whether someone who only owns the one property which is rented out (ie pays rent themselves on the property where they actually live) still has to pay tax on income and would still have to pay Capital Gains Tax on any profit made when the property they own is sold.?

Thanks

Lucy

Please Login

You must be logged in to participate in our forums, to continue please login below.

Not a member? From only £99 you can join in the discussion and get access to member's only resources and services.

As the home for landlords, the NRLA are here to help you save time, save money, and stay compliant. NRLA membership gives you access to a vast range of expertise, resources, and exclusive member benefits and savings, designed to help and empower members. We also play a pivotal role in campaigning and championing the interests of landlords.