Making Cents: The hard truth about being a landlord and tax

THE self-assessed income tax deadline is October 31, if you make a paper return, or November 12 if you file online.

In the run-up to this year’s deadline, much of the focus has been on Airbnb hosts who will have to file a return for the first time on income earned in 2014. But another large group who need to file a return are landlords.

We think of landlords as those who own multiple properties and rent them as commercial enterprises. But individuals or families who have a single property that they rent are also liable.