Jump to content


CSA – Gross Income Question


Flashmanchop
style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 3474 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

How am I to handle rental income for the purposes ofcalculating payments? I have PAYE salary through a Ltd company, and some viapersonal BTL properties.

Would the CSA expect me to exclude BTL mortgages and treatall rent as income? (similar to how they would exclude my own mortgage as partof the gross calculation)

Any help would be appreciated!

Link to post
Share on other sites

I'm really not 100% sure about this, but the link here refers to "taxable profits from self employment income".

 

What that suggests to me is that only profit you make from renting out your properties would count as income, and as such the cost of the mortgage would be offset against the income from rent. It may also be the case that other expenditures (repairs to the properties etc) could also be taken into account.

PLEASE HELP US TO KEEP THIS SITE RUNNING. EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 

The idea that all politicians lie is music to the ears of the most egregious liars.

Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    • No registered users viewing this page.

  • Have we helped you ...?


×
×
  • Create New...