Public Profile - Community Forum - GOV.UK

Joined: 1/20/2021

RE: Expenses (e.g. council tax, insurance) during time a rental property was empty awaiting sale?

Thu, 09 Jun 2022 12:36:33 GMT – Expenses (e.g. council tax, insurance) during time a rental property was empty awaiting sale?

Hi Tristram,

If there is no trade i.e income from property then expenses suffered after trading cannot be claimed as it is not wholly and exclusively related to trade.
Regarding the sale of the property- you may wish to consoider the allowable costs for acquisition and disposal held under CG15250 of our guidance.

Thank you.
RE: Foreign interest and dividends

Fri, 27 May 2022 11:52:29 GMT – Foreign interest and dividends

Hi C K Chow,

If your intererst is not from a UK bank account then you would complete the SA106 and enter the savings income on page F2.

Thank you.