A to Z of Property Tax Expenses for Landlords – B is for Bank Charges
Welcome back to the series of video features, brought to you by RITA4Rent, specialists in landlord and property tax. We continue with the letter B, which is for bank charges.
In running your property lettings business, should you have a dedicated bank account and incur bank charges from it, you may be able to claim this as a deduction against your rental income, therefore reducing the amount of tax payable under self assessment.
RITA4Rent are specialists in property tax, dealing solely with landlords on a day to day basis. Should you require any help and assistance with your affairs, please do not hesitate to contact RITA4Rent on freephone 0800 1 22 33 57 or via email by clicking here.
Further Reading:
The 7 Dangers of a DIY Tax Return
Important Let Property Campaign Update
Let Property Campaign Client Testimonial February 2015
HMRC Let Property Campaign – Recent Successes
HMRC Let Property Campaign – A Testimonial
HMRC Disclosure Form DO2 Delays
Let Property Campaign letters sent out by HMRC – The Second Wave
Let Property Campaign – Tip No. 1
LET PROPERTY CAMPAIGN – TIP NO. 2
LET PROPERTY CAMPAIGN – TIP NO. 3
Let Property Campaign AI Letter and Penalty