Jump to content

Self-Assessment for BTL without a Tenant


Recommended Posts

Hi

 

If there anyone who has experienced buying a BTL property which you have then renovated during a tax year (so not rental income), and then not rented it out until the following tax year and what should be declared on the HMRC online self-assessment?  Obviously rental income is £0, but i have expenses related to utilities, council tax, agent fee's, conveyancing fee's, insurance, repairs/maintenance etc...

 

Thanks!

Link to comment
On 5/30/2019 at 6:54 PM, debbie franklin said:

I assume that you have no income producing btls so you put nothing at all you carry all the expenses forward and claim them in the year that you first receive income as pre trading expenditure 

No other income producing BTL.

 

Ok so no value in putting them in the 2018/19 tax return?

 

So in terms of the self-assessment I leave the property section blank and dont even complete it?

 

What about the interest mortgage BTL mortgage payments I've been making since November 2018?

 

Thank you!

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...