infosheet Self Assessment
Income from land and property		      Return to menu
     
   Schedule A - Income for UK land and property


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    Please provide details of any income you received, arising from the ownership of any UK land or property during the tax year just ended.

This will include:

  • Rent or easements of land and property (special rules for agricultural land and property).


  • Furnished holiday lettings.


  • Furnished accommodation in your own home.


  • Income from rent of static caravans and houseboats.

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       Tax treatment    Income from UK land and property is usually treated as investment income, with the exception of furnished holiday lettings, which is treated as trading income.

    Rent-a-room relief: Provided the rent does not exceed £4,250, you will not be taxed on income arising from the letting of furnished rooms within a house the owner-occupier or a tenant occupies for at least some of the letting period. The house must be the only or main residence of the owner-occupier or tenant, in order to qualify for relief.
       Exclusions from Schedule A    The following sources of income are specifically excluded from Schedule A income and are required to be reported under other sections.
  • Yearly interest.


  • Commercial woodlands.


  • Farming and market gardening (Trading income - Case 1 Schedule D).


  • Income from mines, quarries, ironworks, gasworks, saltsprings, mines, canals, inland navigation, docks, drains, fishings, rights of markets or fairs, tolls, bridges, ferries and railways (Trading income - Case 1 Schedule D).

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