Hi, I am relatively new to hosting 9 months. I am in the process of adding up all my income and outgoings ( expenditure) . I have printed out the list of income but having trouble knowing how much ( what percentage of the house bills) to add for:-
electricity
gas heating
water
council tax
can anyone advise please? My return has to be in to the tax office in two weeks. ( end of January).
@Tracy-Ann2 Far more importantly when did you start hosting? Your reviews only go back to May 2021 so the tax year for these doesn't finish until April 5th 2022 and you don't need to submit a tax return for these stays until January 2023 although it is never a good idea to leave it too late!!!