Rent protection payments on the tax return form?
Hi, Has anyone here used rent protection insurance? If so did you just treat the insurance payments exactly like rent for tax purposes?
I am having to evict a tenant for non-payment of rent during this tax year. Fortunately, the insurance policy is paying the rent until I have possession.
This set me wondering if the insurance payments can just be lumped in with rent payments as “rental income” as far as HMRC is concerned on the tax return form?
I can’t see anywhere else it could go on the tax form.
Many thanks
M&SFAN
Be the first to comment
Your experience could help the next reader
Have you dealt with something similar? Share what you learned, raise a question or offer a perspective your peers may find useful.
Not a member yet? Join In Seconds
Login with