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Tax treatment of service charges

By: Language: English Series: CSW - The Property Week ; 43(7) 13 May 1993, 73(1)Publication details: 1993Subject(s): Summary: 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.
Holdings
Item type Current library Call number Copy number Status Barcode
News article London News article WB2918-37 (Browse shelf(Opens below)) 1 Available 25366-1001

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.