Preliminary tax calculation

Chupacabra

Registered User
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Good evening all and thanks for who will reply.
I am currently renting a property and filing tax return for income on ROS. Due to personal circumstances I am now late filing 2015 return.
I am required to fill in the preliminary tax but i must admit i am not really sure of how to calculate them.
i am a full time employee and i am filing the tax return only for the purpose of the rental income. Many thanks :)
 
I am required to fill in the preliminary tax but i must admit i am not really sure of how to calculate them.

a) 100% of your 2015 self-assessment liability (the balance you owe on your 2015 return excluding late filing surcharge); or, if lower,
b) 90% of your estimated liability for 2016.

As you won't probably know now what b) is, a) is a safer option.
 
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