What expenses can be claimed against rental income?

Common expenses that can be claimed against rental income are: mortgage interest – even though there were new rules in April 2017; the management fees for the agent; maintenance of the building including provision of a cleaner; travel costs to visit the...

What expenses can I claim against my rental property?

This is a list of tax deductible expenses that you can claim against your rental property income. Mortgage interest is claimable in full (since April 2017 there have been restrictions on tax relief) Management charges/commission to letting agencies Property repairs...

HMRC Buy to Let Amnesty

If you haven’t told HMRC about your rental income – there is a process to help you get up to date and avoid huge penalties.  If you rent out a residential property, HMRC will want to know the total amount received and the expenses you’ve paid for.  It applies even if...