Rental Profit for 2006

L

Leon76

Registered User
Messages
29
My Partner was in receipt of rental income of €5666.13 last year. Her salary plus rental income was €55225.13 for '06. Tax deducted was €10372.65 and tax credits were €3120.00. She recently got a Paye Balancing statement for the tax year 2006 with a underpayment of €2661.90. She must now forward a cheque to settle the assessment. Just wondering if these figures are correct. This is her first time etc .Regards
Leon.
 
When you say -'she was in receipt of rental income' how was this figure calculated. Did she claim all the necessary expenses against the income.

such as interest, fixtures&fittings, repairs, insurance manamgent fees, advertising for tenants, etc,etc,
 
You must log in or register to reply here.
Back
Top