Skip to main content
Jan 13, 2023 9:26 AM UTC
Question

Holiday Let and Rental

Hello, 

 

I have a Holiday Let and a normal Rental Property. Is there a way to do this on quickbooks as expenses against them go into different areas of the Self Assessment Tax Return and are also taxed differently. 

 

Thanks in advance! 

5 replies

Jan 13, 2023 9:52 AM UTC

Hi Mark C Our self employed product only accounts for boxes 17-26 28, 30-41, 43, 45-47 of the SA103F. It's our understanding that additional income/expenses relating to rental properties has to be entered into an SA105 which QuickBooks doesn't support however we'd recommend contacting an accountant to confirm this.

Mark CAuthor
Jan 17, 2023 11:01 AM UTC

With the approaching MTD rules will you be adding SA105 support/capability as without this it means that many self employed and landlords will no longer be able to use your service? 

 

Thanks, 

Jan 17, 2023 12:35 PM UTC

Hi Mark C,  For the Landlord SA105, that is also available in QBSE, you just need to choose the I'm a landlord on the initial setup of the account. We do not have SA103 and SA105 reports at the same time. You would need to get two qbse accounts both under different email addresses. Here is more information on this article.