Lemony
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RE: Tax on property income missing in the Full Calculation section
Thank you! -
Tax on property income missing in the Full Calculation section
Hi, in 23/24, I received a taxable rental income of £4625, among other incomes.Having filled in all the necessary entries in online self-assessment, I clicked open the Full Calculation page. While the page did list out £4625 under "Profit from UK Land and Property", the calculation did not show the tax I need to pay on it. As my total income is £22996, which exceeds the Personal Allowance, I should need to pay tax on the £4625. I would like to know whether it's an error in the calculation.