This video explains the rules for claiming service costs and wages for your UK property business. Find out: • what service expenses are allowable • what wages costs you can claim • about reporting your expenses on your tax return • how to treat payments received for services you provide You can find out more about rental income and expenses on GOV.UK and in our other videos on YouTube. 0:00 Introduction 0:07 Wholly and exclusively 0:14 Total property income receipts below VAT threshold 0:28 Providing services 0:45 Time you spend on your property business 0:59 Further help and support Visit GOV.UK https://www.gov.uk/guidance/income-ta... Current Playlist • UK property income, tax return HMRC is the UK’s tax, payments and customs authority. We collect the money that pays for the UK’s public services and help families and individuals with targeted financial support. You can use social media for help with general queries relating to any of HMRC’s products and services: X: https://www.x.com/hmrc Facebook: / hmrc