Landlords Xmas is over and the new year is almost upon us. EEEk! Time for a landlord to prepare their tax returns unless you are one of those super efficient beings. The type who probably has been buying next years Xmas presents very sensibly in this years January sales.
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I was looking on the Property Hawk website and I've found several property tax articles that might provide some useful guidance on what to do in filling out your self assessment tax form before the 31st January tax deadline. One was on tax demands and was particularly appropriate. Remember the Property Manager 2 allows landlords to workout their income tax liability using the FREE letting management software. I've been using it for several years and I must admitt i've found it alot easier than messing about with spreadsheets.
Happy New Year and have a look at my previous tips for how to reduce your letting business tax liabilities.
Wednesday, December 31, 2008
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