property business income

这是一篇关于property business income的思维导图，主要内容有genreal letting、furnishied holioday lettings。

property business income

• genreal letting
  • general rule for taxable
    • cash basia
    • accrual basis
      • property income ＞￡150000时必须使用accrual basis
        • property income 计算框架
  • property income
    • rental income
      • cash basis
        • rent received of the tax year
      • general basis
        • rent recivable of the tax year
    • premium(lump sum)
      • landlord
        • taxable/assessed premium=P*(51-n)/50 (p=premium.n=lease year)
        • 根据公式算出应税金额，计入租赁收入
      • tenant
        • amount deductible each year=taxable/lease year
    • deposit
      • 自己判断什么时候才可以记收入（题目中未提及则默认退还）
  • expense on property
    • revenue expenditure
      • cash basis
        • 在本税务年度完成支付的可以全额扣除
      • accuarl basis
        • 真正发生在本税务年度的才可以扣除（有时间分配)
      • capital expenditure(不可抵扣)
        • mortgage capital repayments，construction of an extension or boundary wall, improvement cost
    • bad debt
      • 收付实现制不存在坏账，权责发生制的坏账可以抵扣
    • finance cost
      • residential property
        • finance cost*20%:dedected from income tax liability
      • furnishied holiday letting or non-residential property
        • finance cost all dedected from property income
    • mileage allowance(两种方法可以自由选择)
      • 按照实际发生的费用直接扣除
      • 使用mileageallowance
    • replacement domestic items relief
      • new asset is same as old one
        • 抵减的金额
          • 新资产的购置成本-出售旧资产的所得
      • new assest is not the same,has some improvement
        • 抵减的金额
          • MV of new asset which is the same as old one-proceeds from sale of old one
    • property business loss
      • 普通租赁产生的亏损，必须以最大值从其他普通租赁产生的收入中扣除，剩余的亏损可以顺延，没有时间限制
  • rent a room relief
    • gross rent≤￡7500
      • 两者取低
      • exempt ——PBI=0
      • normal calculation——PBI=rental-expense
    • gross rent＞￡7500
      • 两者取低
      • normal calculation——PBI=rental-expense
      • alternative——PBI=rental-7500
• furnishied holioday lettings
  • 出租FHL产生的亏损只能抵减FHL产生的利润
  • fianance cost可以全额扣除
  • cash basis
    • 可以将成本全部扣除
  • accrual basis
    • 用税务折旧抵减
      • capital allowance