Might be a really stupid question but

[mattygg]

Hi All,

I am trying to fill in my tax return for this year 2010-2011 and i have a question.

I believe that the tax year ends on 31st March but the tax return has to be in by 31st Jan. Regarding the period from 31-jan-31mar am i supposed to be filling in expected income/outcome.

If that is the case then what happens if a) tenant moves out or b) extra expenditure such as a repair (tax claimable). How would you go about ammending.

Thanks in advace

Matt

[Mrs Mug]

I am trying to fill in my tax return for this year 2010-2011 and i have a question.

I believe that the tax year ends on 31st March but the tax return has to be in by 31st Jan. Regarding the period from 31-jan-31mar am i supposed to be filling in expected income/outcome.

Do you mean that you are filling in your tax return for 2009-2010?

Tax years run form 6th April one year to 5th April the next year. So if you are doing a tax return that should be submitted by 31st January 2011, your income to use would be from 6th April 2009 to 5th April 2010.

[mattygg]

Thanks very much for that.

I assumed that the tax return which had to be in by 31st Jan was for this year.

So, in essance, yes, it was a stupid question.