Rental Income Tax Calculator

Published / Last Updated on 06/04/2024

The Rental Income Tax Calculator

Tax on rental income changed back in 2017 with restriction on loan/finance interest expenses relief being phased in. Full expense tax relief on 75% of finance expenses (2017), 50% (2018), 25% (2019) and 0% (2020) with the balance 25% (2017), 50% (2018), 75% (2019) and 100% (2020) restricted to a 20% tax credit only.

Rental Income Tax

All fields in RED must be completed.

Gross Income (excl. rental income)
Gross Rental Income (excl. expenses)
Property Expenses (excl. finance exps)
Finance/Loan Interest Exps

Calculate income tax on rental income

What is your gross 'normal' yearly income ?

What is the gross yearly rental income (before any expense deductions) £?

What are the allowable yearly property expenses (excluding finance costs) £?

What are the yearly loan finance/mortgage expenses (interest only not capital repaid) £?

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