We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
What will my tax be when renting my property (links to Tax Calculators appreciated)
Options

gcpbuyer
Posts: 43 Forumite

in Cutting tax
Hi there - reluctant landlord here - I moved in with my partner and now renting out my flat.
I've been looking online and various landlord tax calculators have been giving me different figures. Just wondering if anyone here can help me figure this out, or point me in the direction of a decent landlord tax calculator.
Personal details:
My base salary: £90,000
Bonus: £15,300 (before tax)
Company stocks: £7,900 ( before tax, this is 1/3 of my total allocation, which vests every 3 years)
Rental details:
Rental income per year: £25,800
Service charge+expenses: £3,000
Interest on mortgage: £255
Any idea what what my tax bill will be for the rental property? A link to a decent calculator would be great as well. Thanks
I've been looking online and various landlord tax calculators have been giving me different figures. Just wondering if anyone here can help me figure this out, or point me in the direction of a decent landlord tax calculator.
Personal details:
My base salary: £90,000
Bonus: £15,300 (before tax)
Company stocks: £7,900 ( before tax, this is 1/3 of my total allocation, which vests every 3 years)
Rental details:
Rental income per year: £25,800
Service charge+expenses: £3,000
Interest on mortgage: £255
Any idea what what my tax bill will be for the rental property? A link to a decent calculator would be great as well. Thanks
0
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599.2K Mortgages, Homes & Bills
- 177K Life & Family
- 257.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards