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Schedule 2 of the Regulatory Reform (Business
Tenancies) (England and Wales) Order 2003LANDLORD AND TENANT ACT 1954
Statutory Declaration
by Tenant that Sections 24 to 28 of the Landlord and
Tenant
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01
Carefully read the instructions and guidelines provided with the schedule 2 form.
02
Start by providing your personal information such as your name, address, and contact details.
03
Enter the relevant tax year for which you are filling out the schedule 2.
04
Report any income from self-employment or business activities in the designated section.
05
Include any income from rental properties or royalties if applicable.
06
Disclose any partnership or S corporation income, and provide necessary details.
07
Report any farm income, if applicable.
08
Declare any income from estates, trusts, or real estate mortgage investment conduits (REMICs).
09
Provide information about any other sources of income not covered in previous sections.
10
Calculate your total income and transfer the amount to the appropriate line on your main tax return form.
11
Ensure that you have included all necessary attachments and supporting documents.
12
Review the completed schedule 2 for accuracy and completeness before submitting it with your tax return.
Who needs schedule 2 of the?
01
Individuals who have income from self-employment or business activities.
02
Taxpayers who earn income from rental properties or royalties.
03
Partnership or S corporation owners who receive income from these entities.
04
Farmers who have income from farming activities.
05
Individuals who earn income from estates, trusts, or real estate mortgage investment conduits (REMICs).
06
Anyone with additional sources of income that require reporting.
07
Taxpayers who are filling out a tax return and have the need to report these types of income.
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