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FCCA PROPERTY IMPROVEMENT APPLICATION  Form

FCCA PROPERTY IMPROVEMENT APPLICATION Form

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Video instructions and help with filling out and completing FCCA PROPERTY IMPROVEMENT APPLICATION Form

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Instructions and help about FCCA PROPERTY IMPROVEMENT APPLICATION

this is a lecture from open tuition to benefit from the lecture you should download the free lecture notes from opentuition.com chapter three is about property income and Investments for individuals we're going to look at property income first so income from property is the rent that you received either from a lease or from ATT tenancy agreement and any premium that you receive on the grant of a short lease those are the two main accessible incomes now how is it working so prior to 2019 2020 it was computed as if they were letting the property as a business and it was always the mount if you look at the words here rent receivable expenses payable and it was on an acral basis however the rules that have been in place for some years now are that it's going to be a simple Cash basis and in the exam question you should assume that that is what you're going to be tested on unless it specifically States and it's unlikely to but unless it specifically States be

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