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Do I pay tax on my buy to let property inspite of being a tenant in someone else's property?

Posted 11 February 2015 under Tax Q&A


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I own a property that I rent out but I am also a tenant to someone in someone else's property. Once the buy to let property is paid off, am I still obligated to pay tax on the property I own or is this considered a primary residence?

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TaxTim TaxTim says:
13 February 2015 at 9:00

Do you intend moving into that house you own?

DAN says:
13 February 2015 at 9:13

Thanks for the response

I have no intention of moving into that house.

TaxTim TaxTim says:
13 February 2015 at 9:14

As long as you earn income, you will be subject to tax on that income, even after you have paid off the bond.


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