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Sam, Accountant
Category: UK Tax
Satisfied Customers: 6499
Experience:  26 HMRC expertise, PAYE, Self Assessment ,Residency, Capital Gains, CIS ask for Sam Tax
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SamSee the rent income all the years we did tax returns in

Customer Question

Hi SamSee the rent income all the years we did tax returns in the uk 2007-2015 there was all ways no tax to pay but we did make a small profit every year
Is this right ?And because it was going credit cards and not coming in to Australia
We never declared it in Australia as a income from abroadSorry for all the questions as old accountant is no longer with us and a new one in the uk is helping us but feeling that we have done some thing wound
Kind regards
Submitted: 1 year ago.
Category: UK Tax
Expert:  Sam replied 1 year ago.

Hi Andy

I se you have opted to post this as a new question but it would be appreciated that you accept the old thread as this ensures I am credited for my time.

Why was there no tax to pay each year - could you give me an example of the incomes and what expenses you claimed - also can you advsie whether you had any other sources of UK income



Customer: replied 1 year ago.
Hi Sam
The only income was 950 rent in 425 intrest only Morgage out with insurance 23 and British gas 37 mounth out that was all