Ursula owns a flat which was let to a tenant for the whole of tax year 2017-18

Question:

Ursula owns a flat which was let to a tenant for the whole of tax year 2017-18 at a rental of £200 per week. Her expenditure during the year was as follows:

image text in transcribed

The new sofa is superior to the sofa it replaced (and which was scrapped). It would have cost only £399 to have bought a new sofa which was equivalent in quality to the old one.
Compute property income for 2017-18 (assuming that the cash basis does not apply ).

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: