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Where Taxpayers and Advisers Meet

Detail for other property income

Janey3278
Posts:2
Joined:Mon Jan 11, 2021 9:58 am
Detail for other property income

Postby Janey3278 » Mon Jan 11, 2021 10:07 am

Hi, I’m trying to complete my tax return for an additional property I rent out. I have reached the section to enter value of income but it keep rejecting the figures I put in. I have entered the value in the following format 7462.15 but keep rejecting saying in the wrong format. Any ideas?

Lambs
Posts:1502
Joined:Wed Aug 06, 2008 3:15 pm

Re: Detail for other property income

Postby Lambs » Mon Jan 11, 2021 11:31 am

J,

You may have thought of this already but if memory serves, HMRC's systems ask for income and expenditure to be rounded to the nearest whole £. (Strictly, down and up respectively).

With regards,

Lambs

Janey3278
Posts:2
Joined:Mon Jan 11, 2021 9:58 am

Re: Detail for other property income

Postby Janey3278 » Mon Jan 11, 2021 11:42 am

Thanks for your reply. When you put in a figure, it is automatically rounded up, so this hasn't made a difference, but thanks anyway. J


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