Property Income Tax

Liam_Jenkins_99Liam_Jenkins_99 Registered Posts: 6
Karen has employment income of £40,000, plus normal profits from a rental property of £8,000 per year. She is considering whether to spend an additional £6,000 on replacement carpets and curtains for the rental property.

How is the Net Cost of Replacements £3,800.00?

Comments

  • MarieNoelleMarieNoelle Trusted Regular Hampshire/Surrey borderModerator, MAAT, AAT Licensed Accountant Posts: 1,324
    FYI I posted the answer earlier but remembered the OP 's poor record at thanking or coming back to people that have helped him in the past.
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