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The Water Debate

The Water Debate

Who is responsible for the payment of water supply?
There are some basic points to consider:
·        Are the premises individually metered for water or is water delivered by a vehicle?
-         If not the Lessor must pay for all water charges
·        Does the agreement state the tenant must pay for water?
-         If not the Lessor must pay [...]

Claiming Your Expenses On A Property

Claiming Your Expenses On A Property

Expenses can only be claimed for the period of time that a property is available for letting.
This situation can arise when the property is being used for non-income occupancy.  Say you holiday in your beach property and you also let family and friends use the property.
The tax law says that you can only claim expenses [...]