Image from Google Jackets

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.

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.