Rental income from a sub-lease

by **Chanmuganathan** on Thu Jul 14, 2011 2:02 pm

I am sorry if I am wrong.
I have mentioned FHL because this income (deduction in expense) has more proximity to the trading income rather than investment income.

by **Chanmuganathan** on Thu Jul 14, 2011 2:04 pm

I am sorry if I am wrong.
I have mentioned FHL because this income (deduction in expense) has more proximity to the trading income rather than investment income.

by **section 44** on Thu Jul 14, 2011 2:21 pm

I haven't checked this but I seem to recall that rental income from the letting of surplus trading premises (perhaps by concession rather than law?) could be treated as trading income as opposed to rental income.

by **Incredulum** on Thu Jul 14, 2011 3:34 pm

section 44 wrote:I haven't checked this but I seem to recall that rental income from the letting of surplus trading premises (perhaps by concession rather than law?) could be treated as trading income as opposed to rental income.

Link to HMRC in fourth post on thread above re that.