Oct
18

Rent refund tax implications?

Author admin    Category Uncategorized     Tags

Hi everyone, as a good landlord and due to a noisy neighbour (next-door to my tenants playing nonstop white noise) l have given my tenants a 20% rent reduction until I can manage to solve the problem.

My tenants pay the Lettings agent directly the full amount of contracted rent and then I send them the 20% refund for the reduction.

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