5.2 Simon owns a country cottage which he uses as a holiday home for 4 weeks per...

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5.2 Simon owns a country cottage which he uses as a holiday home for 4 weeks per year and lets furnished at £220 per week for the remaining 48 weeks of the year. Simon's expenses in relation to the cottage in 2009-10 were as follows:

£

Council tax 1,400 Advertising 35 Repairs to furniture (damaged by tenant) 50 Gardener's wages (£20 per week) 1,040 Insurance 230 Compute Simon's property income for 2009-10.

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Taxation

ISBN: 978-0273730156

15th Edition

Authors: Alan Melville

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