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Tax Exempt, Do I Pay Tax on Rental Income?
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TOPIC: Tax Exempt, Do I Pay Tax on Rental Income?
#312
robbishop (Visitor)

Tax Exempt, Do I Pay Tax on Rental Income? 3 Years, 1 Month ago  
Hi guys,

I am new to all of this stuff so if my post seems pretty naive...well, its because I suppose I am.

I am tax exempt on my income which is via a War Pension. I am letting a property in which tax gets deducted before i receive my cut from the Letting Agent. My rental income is currently £450 of which £397.12 gets delivered to me.

My question is; Do I need to pay that tax on the rental income or because I am tax exempt do I not need to bother?

Sorry if the question isnt very well put.

Thanks,
Rob
 
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