Rent, Airbnb income, mortgage interest rules and Capital Gains Tax — whether it's one room or a growing portfolio, we make sure you claim everything you should and don't pay more than you should.
“Since the mortgage-interest rules changed, my tax bill makes no sense.”
“Do I declare my Airbnb income — and what can I deduct?”
“I'm thinking of selling — how much CGT will I actually owe?”
Property tax is full of traps. Here's what we take off your plate.
Usually, yes — Airbnb income is taxable and normally must be declared. But there are two reliefs to check first: if your total property income is £1,000 or less in the year, the property allowance can mean there's nothing to report; and if you let a furnished room in your own home, the Rent-a-Room scheme can make up to £7,500 a year tax-free. We'll check whether either applies to you.
You can no longer deduct mortgage interest from rental income directly. Instead you get a 20% tax credit on finance costs. For higher-rate landlords this matters a lot — we calculate it correctly so you don't overpay.
Letting agent fees, repairs and maintenance, insurance, ground rent, accountancy fees and replacement furnishings are typically allowable. The detail matters — we make sure nothing's left on the table.
Usually, on the profit from a rental property — and it must be reported and paid within 60 days of completion. We forecast it in advance and apply every relief, so there are no shocks.
Book a free, no-pressure call — one property or twenty, we'll help.
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