The Property Income Allowance

Описание: If you have income from property, you may be eligible for a tax-free allowance of up to £1,000 with the Property Income Allowance. This video explains:
• what the Property Income Allowance is
• who can and cannot use the allowance
• when you may be better using your actual expenses
This guide will help you make the most of this tax-free allowance. You can find out more on GOV.UK and in our other videos on YouTube.
0:00 Introduction
0:13 Can’t be used against…
0:34 Allowable expenses and deductions are more than £1000
0:44 Total property income receipts are £1000 or less
0:52 Total property income receipts are more than £1000
1:04 Further help and support

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