by maths on Wed Nov 02, 2011 3:01 pm
Typically managing and letting out properties is not a self employed business; thus complete Property Supplementary Pages only.
Below is extract from Property Supplementary Pages Notes:
Complete the UK property pages if, in the year to 5 April 2011, you received:
• rental income and other receipts from UK land and/or property • income from letting furnished holiday accommodation in the UK or
European Economic Area (EEA) • premiums arising from leases of UK land • an inducement to take an interest in any property for letting (a reverse premium).
But use the Self-employment pages for any income from:
• canals, inland navigations and docks • mines and quarries, including sandpits, gravel pits and brickfields • rights of markets and fairs, tolls, bridges and ferries • farming, market gardening or other commercial occupation of land • hotels and guest houses • letting furnished accommodation in your home that amounts to a trade, for example, if you run a guest house or offer bed and breakfast, rather
than just taking in a lodger • way leaves if the land to which the way leave relates is used in your trade.