Welcome to a new series of video features, brought to you by RITA4Rent, specialists in landlord and property tax. Today we begin with the letter A, which is for advertising.
As a landlord, you will likely incur advertising costs as you seek a tenant to let your property to. These costs may be claimed as an expense against your rental income, therefore providing a tax benefit and a lower liability payable to HM Revenue and Customs (HMRC).
This cost may be incurred via an online agency, or it could be through a high street letting agent. Please ensure you keep all your receipts just in case these are requested by HMRC in the future. 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