Syllabus C3
Income from property, savings and investments 3 / 6
a) Identify property income assessable
i) furnished and unfurnished property
ii) premiums from short leases
b) Outline the deductions allowable
i) revenue expenses
ii) capital allowances
iii) replacement furniture relief
iv) repairs and renewals
v) restriction for private use.
c) Describe rent a room relief.
d) Explain the treatment of furnished holiday lettings.
e) Understand how relief for a property business loss is given.
f) Identify tax-free investments.
g) Identify the source documents used to complete the tax return.
How to calculate property business profits?
7:29
Illustration 1
4:08
Past Exam Question
5:10
Illustration 2
2:43
Computation of property business profits
Furnished holiday lettings
2:00
Illustration 3
0:58
Past Exam Question
0:41
FTX Q6 Pilot
3:15
Furnished holiday lettings
Rent a room relief
2:05
Rent a room relief
Premium on short lease explanation
4:48
Illustration 1
1:20
Illustration 2
2:17
Past Exam Question
1:54
Premiums granted for short leases
How to relieve property business losses?
2:20
Illustration
1:09
Past Exam Question
1:45
Past Exam Question
1:26
Property business loss relief
Individual Savings Accounts and other tax exempt investment
Source documents used to complete the tax return.
Syllabus C3CBE Questions
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1 week revision course
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