Tax treatment of service charges
Freer, Penny
Tax treatment of service charges - 1993 - CSW - The Property Week 43(7) 13 May 1993, 73(1) .
Landlords may be liable to tax on service charge income if the money is spent on capital projects, replacement of equipment or improvements rather than on maintenance, cleaning, security or repairs which is tax deductible.
EXEMPTION
SERVICE CHARGES
SINKING FUNDS
TAX LIABILITY
Tax treatment of service charges - 1993 - CSW - The Property Week 43(7) 13 May 1993, 73(1) .
Landlords may be liable to tax on service charge income if the money is spent on capital projects, replacement of equipment or improvements rather than on maintenance, cleaning, security or repairs which is tax deductible.
EXEMPTION
SERVICE CHARGES
SINKING FUNDS
TAX LIABILITY