Landlords - deductible expenses you should know
As a landlord, the lower the taxable profit from your property rental business, the less tax you will pay. As allowable expenses are deducted from rental income to arrive at the profit figure, it is important that not to overlook any expenses which you have incurred and which can be deducted when working out your taxable profits. What is deductible? The general rule is expenses can be deducted in calculating the profits of your property rental business if they are incurred wh