HM Revenues & Customs provide a Business E-tool for information to landlords on current HMRC issues. Please see the link below which is a mini tutorial for landlords.The bite size modules will explain to landlords:
- When and how property letting starts and what to do
- The various types of property income –furnished, unfurnished, holiday lets, Rent –a Room ,the Non Resident Landlord Scheme –and how they are taxed
- The correct treatment of income and expenditure both revenue and capital
- Tips on record keeping
- Property disposal, Capital Gains and Inheritance Tax
- Tax return, filing and paying dates –and when and how
- filing and paying dates –and when and how
- PAYE and VAT obligations
http://www.hmrc.gov.uk/courses/syob2/letting/index.htm
There are also ‘webinars’ available on the HMRC website that are pre-recorded presentations on information relating to property income and HMRC, but also more general subjects.
You can view the pre-recorded webinar “Your property income and HMRC “ at http://www.hmrc.gov.uk/webinars/self-employed.htm#16