Thread
:
Tax on a holiday home
View Single Post
#
3
07.09.2010, 20:13
telandy
Forum Veteran
Join Date: Oct 2006
Location: Thurgau
Posts: 2,064
Groaned at 5 Times in 4 Posts
Thanked 637 Times in 380 Posts
Re: Tax on a holiday home
Quote:
Cashboy
(2) You pay Income Tax on the rental market value of the property less incidental running costs.
That is the real bummer and caught me totally out.
Thanks Cashboy- I guess that is irrespective of whether the property is rented out or not!
telandy
View Public Profile
Send a private message to telandy
Find all posts by telandy