Tax guides for UK landlords
Income tax, Section 24, allowable expenses, CGT and stamp duty.
Repairs versus improvements for tax
Repairs are deductible against rental income in the year they are incurred. Improvements are capital and only reduce the gain when you sell. Getting the line right is one of the most common landlord tax questions.
4 min read
Section 24 and the mortgage interest restriction
Individual landlords cannot deduct finance costs from rental profit. Instead they receive a basic rate tax reducer, which pushes taxable profit up and can move landlords into a higher tax band.
4 min read
Furnished holiday lettings: recent tax changes explained
Recent tax changes have significantly altered the treatment of Furnished Holiday Lettings (FHLs) in the UK, aligning them more closely with standard residential tenancies. Landlords must review their tax position.
7 min read
Record keeping for self-assessment: what landlords need
HMRC expects landlords to keep records supporting rental income and expenses for at least five years after the filing deadline.
5 min read
Capital gains tax on selling a rental property
When selling a rental property in the UK, landlords typically incur Capital Gains Tax (CGT) on any profit made. Calculating the gain, understanding available reliefs, and adhering to strict reporting deadlines are crucia
6 min read
Incorporating a property portfolio: pros and cons
Incorporation can restore full mortgage interest relief and support long-term growth, but transferring properties into a company has real costs and consequences.
6 min read