Seas

Dear Sir, Thanks for your feedback. Will I be able to claim back over paid tax as I was not aware of these personal allowances previous years? Thank you!

Dear Sir, I am a foreigner from commonwealth country who earns rental income from a small unit in Uk. It is shared with my partner. 1) Do I minus £1000 property allowance for each of us for this only unit from our gross rental? I just want to confirm this £1000 is personal allowance correct? 2) what is the actual threshold for tax? Any rental income below £12571.00, do I have to pay tax ? My rental income minus allowable expenses and divide by two ( my name & my partner) is usually less than £1000 per year. 3) I have been submitting self assessment via post, do I still need to keep doing this if my net rental income is less than £1000? Appreciate your advise, thanks

Dear Sir, I am a foreigner from commonwealth country who earns rental income from a small unit in Uk. It is shared with my partner. 1) Do I minus £1000 property allowance for each of us for this only unit from our gross rental? I just want to confirm this £1000 is personal allowance correct? 2) what is the actual threshold for tax? Any rental income below £12571.00, do I have to pay tax ? My rental income minus allowable expenses and divide by two ( my name & my partner) is usually less than £1000 per year. 3) I have been submitting self assessment via post, do I still need to keep doing this if my net rental income is less than £1000? Appreciate your advise, thanks

Dear Sir, I am a foreigner with a small unit in UK. Q1 - I understand the first £1000 of my income from property rental is tax free according to www.gov.uk (property you personally own). Does this mean this is the first £1000 after allowable expenses? Q2 - If my taxable income is less than £1000, do I still need to pay tax and submit self assessment? My gross rental is less than £8000.00. Please advise, Thanks