I'm sorting out my IR3R ready for the end of this month - (it's my first time using one of these)
With regards to the amount listed as far as expenses being claimed, we have owned out rental for 11 months of the financial year - so am I correct in thinking that I reduce the values of all the expenses claimed by 1/12th?
On the form it has a box which asks how many months the property was occupied for, but I presume they don't use this to reduce the amounts listed?
With regards to the amount listed as far as expenses being claimed, we have owned out rental for 11 months of the financial year - so am I correct in thinking that I reduce the values of all the expenses claimed by 1/12th?
On the form it has a box which asks how many months the property was occupied for, but I presume they don't use this to reduce the amounts listed?
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