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Thanks Keith for the fast reply.
To be more precise the monthly rental is 450 pounds (to be divided in 2), however we pay a 10% plus vat commission to our estate agent in Cardiff, equal to punds 49.5 per month) so our monthly earning is 400.5 , divided by 2 is 200.25 and that makes only 2403 per year, so it is below 2500 pounds: for this reaason according to your answer above there is no need to make an annual assessment return, if that is the case ...how do we get this money back and when is the right time to claim them back? thanks in advance.