Thanks Macstuff. I am a PAYE worker so it's Oct 2013. Is the tax period I will be submitting then (from date of rental i. e March 2012 - March 2013)?
Thanks
As far as I know you will be paying tax on rental income from March 2012 to October 2012 and from November 2012 to October 2013 but I am new to all this so am open to correction..
Tax is on calendar year so in Oct 2013 you will submit & pay based on year ended Dec 2012 - If income from rent is below the thresholds and you get away with submitting a form 12 there should be no prelim tax due in oct 2013 for calendar year 2013 -
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