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I handle my investment portfolio which includes bonds, shares and buy-to-let property. In 21/22 yrs, my bond interest income is £30,000, dividend income is £20,000, rental income from buy-to-let property is £0 with management expenses £10,000.
1) did the management expenses would be carried forward to set off future rental income?
2) the taxable interest income is £30,000-£12,570-£1000=£16,430, but since the starting up interest income is £5,000, then the tax payment for saving should be £11430*20%, am I right?
3) the taxable dividend income £20,000-£2,000, am I right?
4) as I managed my investment portfolio, can I claim for sole trader
I have a property in oversea. When I refinance the property, the lender (bank) offer a cash rebate to me. Does this amount need to be a taxation? Thank you!