Self Assessment for a first rental property
Her first tenant moved in. The tax paperwork was new too.
01
The problem
Grace had kept the tenancy paperwork but hadn't thought about creating a separate folder for rental income and property costs.
02
How TaxSimba helped
TaxSimba explained which records were needed, reviewed the information she supplied and queried costs rather than treating every property payment the same way.
03
The outcome
Grace reviewed her first rental-income return and started keeping the supporting documents together as they arrived.