3 articles tagged with Rental Income Tax.
Post-FHL abolition, landlords can claim a wide range of allowable expenses against rental income. This guide covers every deductible cost, the repair vs improvement rule, and record-keeping.
Personal landlords pay up to 40% or 45% income tax with mortgage interest only a 20% credit, while a company pays 19% Corporation Tax to GBP 50,000. Here is how the two structures compare on a worked GBP 12,000 rental profit.
Rental income in the UK is subject to Income Tax after allowable expenses. In 2026/27 mortgage interest is no longer deductible — instead you get a 20% tax credit (Section 24). Full guide for individual landlords.
