Landlords Alliance – Emergency Euro Elections Statement21:09 PM, 21st May 2019
About 5 days ago 76
I used money lent to me by individuals for property purchases and one of them has decided to leave both the original loan amount and also the interest earned on it with me for another year.
He asked if he needs to declare it in this years tax return as unearned income if he hasn’t actually had the money, or does he declare it when I pay it to him in a later year?
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
Our mission is to facilitate the sharing of best practice amongst UK landlords, tenants and letting agentsLearn More