If I rent my house house out, do I have to pay tax,?
Answers:
Yes you do, not sure about the percentage though. Probably at the same rate as if you had two jobs.
Other answers:
I was looking into this. If you just have one house, then no. But if you rent out more than one house it starts to become a business and then you probably would have to.
So, one, no. More than one, probably!
I was looking into this. If you just have one house, then no. But if you rent out more than one house it starts to become a business and then you probably would have to.
So, one, no. More than one, probably!
I think you pay council tax just like anyone else.
Where I'm from, you don't pay any tax, you just have a deal with the guy you rent it too.
It's taxed as income. However, you get lots of deductions as well.
More info:
loojking for web page for Allendale Furniture Ltd,Carrick-on-Shannon,co Leitrim.?