Self assessment tax query
Discussion
I have a couple of buy to let properties and filling in the self assessment, I have made roughly £12k profit (includes about £6k expenses in mortgage interest).
The online calculator is saying I owe £8.5k for the 2016-17 year and another £4k for the first 6 months of 2018. I am a 40% tax payer through PAYE.
Doesn't sound right to me? Am i missing anything obvious? Think I need to find someone to verify my return...
The online calculator is saying I owe £8.5k for the 2016-17 year and another £4k for the first 6 months of 2018. I am a 40% tax payer through PAYE.
Doesn't sound right to me? Am i missing anything obvious? Think I need to find someone to verify my return...
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