Grant income for FHLS - where to report?

where do we show the grant

Didn't find your answer?

Our client owns an FHL, and received a £10,000 grant from the local council last year.  Would you just include this as "income" in box 5 of the FHL pages along with the rent, such as it was, or would you show it elsewhere on the return?

Thank you

Replies (6)

Please login or register to join the discussion.

avatar
By Wanderer
02nd Jun 2021 15:54

Have you bothered to read the UK property form notes?

Thanks (0)
Replying to Wanderer:
avatar
By The Dullard
02nd Jun 2021 16:05

Your reply seems to be missing a not. It is implicit in your response that the notes contain the answer, and that your question is, therefore rhetorical; so whilst retaining its rhetorical-question-iness, you should dress it up as much like a statement as you can, IMO.

Thanks (0)
Replying to The Dullard:
avatar
By The Dullard
02nd Jun 2021 16:06

PS. What's with the hexcolor AWeb icon?

Thanks (0)
Replying to The Dullard:
avatar
By Hugo Fair
02nd Jun 2021 18:32
Thanks (1)
Replying to Hugo Fair:
avatar
By Tax Dragon
03rd Jun 2021 06:40

Answers to rhetorical questions are my favourite answers.

Thanks (1)
Replying to Tax Dragon:
avatar
By Hugo Fair
03rd Jun 2021 12:12

So how do you tell when the answer's rhetorical?

Thanks (1)