Personal Tax- Expense types for UK Land and Property appear in Schedules Of Data?
Article ID
personal-tax-expense-types-for-uk-land-and-property-appear-in-schedules-of-data
Article Name
Personal Tax- Expense types for UK Land and Property appear in Schedules Of Data?
Created Date
9th May 2023
Product
Problem
IRIS Personal Tax- How do certain Expense types for UK Land and Property appear in Schedules Of Data?
Resolution
When you have multiple expense types for a UK property and you run the ‘Schedules of data’ report – these expense types are automatically placed into 6 categories and totals the expenses.
The table show how each type is placed into which category.
For example: If you have a Type 3 ‘Ground rents’ and Type 8 ‘Insurance’ they will show on the Schedules as a combined entry under ‘Rent, rate, insurance, ground rents etc’.
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