Tax on Buy to Let

    Home / Blog / Tax on Buy to Let

Tax on Buy to Let


Rent is treated as income and therefore taxed in line with your basic or higher rate tax bands. You will be able to offset mortgage interest payments, letting’s agent costs and maintenance costs against the taxable rental income.

It makes it more tax efficient to have a mortgage on the investment property instead of your main home where you are unable to get tax relief on your mortgage.

Rental income should be declared on a yearly self assessment tax return, but it would be worth speaking with an accountant to make sure all tax breaks are taken advantage of.