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Harry owns a property which is let for the 10 weeks from 1 July 2012 at a rent of £160 per week. The tenants leave at the end of this period having paid only £1,300 of the total amount due. Harry writes off the outstanding debt. The property is re-let to new tenants on 1 March 2013 for a rent of £400 per month payable in arrears. He received the first payment on 10 April. He pays interest of £700 during the year ended 5 April 2013 on a loan to purchase the property. What is the taxable rental income for 2012/13? Please input answer: £ ________ |