My letting/management agent deducts their fee prior to payment of the rental money to my bank account. In this scenario, do I report my total rental income as just what I received in my bank account (and therefore presumably I would not be eligible to claim relief on the agent fees as I had never 'paid' them)? Or do I simply report the total monthly rent that I 'charge' as my income, even though I don't ever lay hands on all that money? In which case then presumably the fees and any other charges (such as Legionella assessments etc.) that are taken by the agent directly prior to payment to me would be eligible for relief?
Thanks!
Thanks!
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