Will I need to do MTD ?
Tax Planning and Financial

Tim159
Tim159
1 Thanks
19 Posts
2 years ago
0

Hello all, I need a little help on this as I cant seem to get an answer from hmrc. Will I need to sign up if I receive around £11,500 a year in rent . The service charges are £2000 a year , so profit is £9,500 a year. Below the £10,000 figure that hmrc state. Is this £10k income before expenses, or after expenses?
I also receive £7000 a year from a pension. Do I disregard this as it is not self employment.
Any help would be appreciated.
Thank you.

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