Notifying the tax office of end of rental contract

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come_on_aylin
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Notifying the tax office of end of rental contract

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Post by come_on_aylin »

Does anyone know what the procedure is? We need to tell the tax office that we are no longer renting out our property so we can stop paying rental tax. Is it best to inform them before the tenants leave?

13roman58
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Re: Notifying the tax office of end of rental contract

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Post by 13roman58 »

I believe that you adhere to the length of the contract for tax purposes.

13roman58
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Re: Notifying the tax office of end of rental contract

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Post by 13roman58 »

I believe that you adhere to the length of the contract for tax purposes.
It stops when the contract finishes.

come_on_aylin
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Re: Notifying the tax office of end of rental contract

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Post by come_on_aylin »

13roman58 wrote:
Tue 17 Sep 2024 1:46 pm
I believe that you adhere to the length of the contract for tax purposes.
It stops when the contract finishes.
You would think but if you don't tell them they want proof via electric statements later, been there. The tenants are leaving mid contract anyway.

snd1966
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Re: Notifying the tax office of end of rental contract

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Post by snd1966 »

My customers have only done holiday lets but when I have closed the file , I have just got a typed signed letter stating they have decided to stop renting and submitted it to their file. A few have sold and there has been no problems.

come_on_aylin
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Re: Notifying the tax office of end of rental contract

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Post by come_on_aylin »

Thanks snd1966, we'll do that.

kedikat2903
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Re: Notifying the tax office of end of rental contract

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Post by kedikat2903 »

The tax office will give you a form to fill out. Can’t remember exactly what was on it but it asked the reason for stopping (selling, contract finished etc) and at the end there is a section that you sign promising to tell the tax office if you rent out the property again. You take the original rental agreement to show them and proof of ownership

come_on_aylin
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Re: Notifying the tax office of end of rental contract

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Post by come_on_aylin »

kedikat2903 wrote:
Wed 18 Sep 2024 7:10 am
The tax office will give you a form to fill out. Can’t remember exactly what was on it but it asked the reason for stopping (selling, contract finished etc) and at the end there is a section that you sign promising to tell the tax office if you rent out the property again. You take the original rental agreement to show them and proof of ownership
Thanks, we went this morning and were told exactly that.

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Re: Notifying the tax office of end of rental contract

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Post by snd1966 »

Good to hear there is now a proper form, maybe there always has but it was never offered.

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