Did you have rent as a business expense?
No |
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Yes |
Read on. |
You need to know
This is expenditure you incurred as a tenant for rental of land and buildings used in the production of income. Include the cost of leasing real estate.
Completing this item
Step 1 Write your total primary production rent expenses at Rent expenses in the Primary production column, item P8 on page 3 of your schedule. Do not show cents.
Step 2 Write your total non-primary production rent expenses at Rent expenses in the Non-primary production column. Do not show cents.
Step 3 Add up your primary production and non-primary production rent expenses and write the total at K.