majorca   24-7 365 can help. contact propertycasa for more information.
 
letting agent's fees
legal fees for lets of a year or less, or for renewing a lease for less than 50 years
accountant's fees
buildings and contents insurance
interest on property loans
maintenance and repairs (but not improvements)
utility bills (like gas, water, electricity)
rent, ground rent, service charges
Other Tax
services you pay for, like cleaning or gardening
other direct costs of letting the property, like phone calls, stationery, advertising.
If your annual income from the letting of a property in mallorca is less than £15,000 (before you've taken off expenses) you include the total expenses on your tax return; if the property is £15,000 or over you need to provide a breakdown.
Under the new 2007 rules Spain and mallorca and majorca and the Uk exchange information on tax and purchases and bills paid via banks.
If you let out a furnished holiday resort or other wise home in the UK, your rental income may be treated differently for taxes purposes from other rental  majorca property income. However, your properties must keep to some rules which are to  qualifying
If you let out a furnished  majorca holiday home in the UK, your rental income may be treated differently for tax purposes from other rental income. However, your property  in majorca must keep to some rules known as 'qualifying tests   james mobile email mallorca uk.

Email      Yacuk1@gmail.com          if you are visiting mallorca to change your life style work run a bar make jobs.