Posts Tagged With "sublet"
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VAT on subletting
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VAT, Payroll & Tax
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Adam owns a property in Richmond but also rents a flat in notting hill for occasional use. Adam sublet the notting hill flat to tourists on a nightly basis whenever he is not using it mostly for less then 28 days. Adam's rent is £1000 per month and he spends another £300 on bills. He sublets at £60 a night fo...
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