What counts as rental income?
4 min read · 2025-01-15
Rental income includes rent, retained deposits, service charges you collect, and any payment a tenant makes that relates to using the property.
- Rent itself, gross of letting agent fees
- Deposits you keep at the end of a tenancy (not the original deposit while held in a deposit scheme)
- Service charges and ground rent you collect from tenants
- Insurance pay-outs that compensate for lost rent