Can limited company landlords deduct mortgage interest as an expense?

Yes. Limited company SPVs (Special Purpose Vehicles) are exempt from Section 24 and can deduct 100% of mortgage interest as a standard business expense before Corporation Tax.

What other expenses can individual landlords still deduct?

Landlords can still deduct letting agent fees, landlord insurance, council tax/utilities paid by landlord, and general property maintenance/repairs.

Birleşik KrallıkSection 24 Landlord Mortgage Tax RestrictionFinans

UK Buy-to-Let Mortgage Tax (Section 24) Landlord Calculator

Calculate individual private landlord income tax under HMRC Section 24 rules (taxed on full gross rental turnover with a 20% basic rate finance cost tax credit instead of deducting mortgage interest as an allowable expense).

Gayrimenkul ve Emlak Ev Sahipleri ve Kiralama Vergiler ve Harçlar

Hesaplama Girdileri

Anlık Canlı Hesaplama

Annual Gross Rental Income (£)

Hızlı seçim:

Annual BTL Mortgage Interest Paid (£)

Hızlı seçim:

Allowable Operating Expenses (Insurance, Repairs, Agency Fees) (£)

Hızlı seçim:

Landlord Personal Marginal Income Tax Band

Hesaplanan SonuçSection 24 Landlord Mortgage Tax Restriction

Net Annual Landlord Cashflow in Pocket (After Mortgage & Section 24 Tax)

£2,880

Total HMRC Tax Payable on Rental Property

£4,720

20% Mortgage Finance Cost Tax Credit Received

£1,680

Ayrıntılı Hesaplama Dökümü

Taxable Rental Profit

£16,000

Gross Tax (40%)

£6,400

20% Tax Credit

£1,680

Net Landlord Profit

£2,880

Hesaplama Metodolojisi

Taxable Rental Profit = Gross Rent - Property Running Costs. Gross Tax = Taxable Profit * Marginal Tax Rate%. Tax Credit = Annual Mortgage Interest * 20%. Net Tax Payable = Gross Tax - Tax Credit.

Yasal ve Bilgilendirici Uyarı

Under Section 24, higher-rate and additional-rate landlords pay tax on gross rental profit, frequently pushing landlords into higher income tax brackets.

Bu hesaplayıcı yalnızca eğitim ve bilgilendirme amaçlıdır. Sonuçlar bağlayıcı finansal veya hukuki tavsiye niteliği taşımaz.

Sıkça Sorulan Sorular

Section 24 prevents landlords from deducting mortgage interest from rental revenue. Instead, landlords pay tax on gross profit and receive a basic 20% tax credit on finance costs.

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Birleşik Krallık

UK Buy-to-Let Mortgage Tax (Section 24) Landlord Calculator

Hesaplama Girdileri

Ayrıntılı Hesaplama Dökümü

Hesaplama Metodolojisi

Yasal ve Bilgilendirici Uyarı

Sıkça Sorulan Sorular

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