It’s that time of year again. Filing an annual tax return is a necessary task for every self-employed person, including buy-to-let landlords, with the 31 January deadline for the 2016/17 self assessment tax return rapidly approaching.
Whether you have just started out as a buy-to-let landlord or you are an established property investor, there is much to consider from a financial point of view.
Around 10 million people must complete a self-assessment tax form every year, typically because they are self-employed, run their own business or have untaxed income or capital gains, such as from a buy-to-let property, a trust or investment portfolio.
There is no need to fret over filing your tax returns, as it does not even require an accountant.
But if you are worried about going it alone and doing your own tax return, you may wish to check out HMRC's webinar tomorrow (Tuesday) from 2-4pm, which will help you fill up your tax return, including income on the property page.
For more information, click here.