Landlords may be taxed first and paid later
Series: Estate Agency News ; (169) July 2001, 5(1)Publication details: 2001Subject(s): Summary: A new accounting treatment issued by the Accounting Standards body could mean that landlords are compelled to pay tax on rent they have not yet received. This will depend on the decision of the Inland Revenue, which normally adopts recommendations from the Accounting Standards Board.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3727-21 (Browse shelf(Opens below)) | 1 | Available | 113560-1001 |
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A new accounting treatment issued by the Accounting Standards body could mean that landlords are compelled to pay tax on rent they have not yet received. This will depend on the decision of the Inland Revenue, which normally adopts recommendations from the Accounting Standards Board.