Land and Property
The Land and property section displays the property information on three tabs and they are:
Income/Expenses - This tab stores incomings, outgoings and tax adjustments.
Chargeable Premiums - Use this tab to add details relating to premiums or lump sum payments.
Details - This tab stores the property type as well as address details.
Land and Property
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Open the Land and Property section.
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Click the hyperlink 'Click here to create a new land and property'.
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The 'Create land and property details' wizard appears.
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Select one of the following Property types:
- UK land and property - properties within the UK.
- Agricultural estate - land used for farming or to raise livestock.
- Rent-a-Room - rent received from letting furnished accommodation in a person's main home.
- Furnished holiday lettings within the UK - property within the UK that meets the qualifying criteria for Furnished Holidays Lettings.
- Furnished holiday lettings within the EEA - property within the European Economic Area (excluding UK properties) that meets the qualifying criteria for Furnished Holidays Lettings.
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Do one of the following:
- Complete the remaining property fields.
- Choose 'Click here to select an existing address'
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Click Next. The Create Property confirmation window appears.
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Verify the details and then click Finish. The Income/ Expenses, Chargeable Premiums and Details tabs appears with the Income/ Expenses tab selected by default.
Note: do not include income received from property that is included within a partnership; instead, enter this share in the Partnership section.