2023/24 Tax Return Rental income (interest on loan)

joanie3

I hope someone can help point me in the right direction. I've tried reading, looked at lots of You Tube videos but can't seem to find where for this tax year I enter the interest on the mortgage for the buy to let. 
I am a carer £3983 so only other income is property rental.
I chose NOT to put the rent up so I could retain tenant, but this was before the mortgage rate went up (but that's another story).
Rent £1,000 pm so £12,000 pa
Expenses £2,000
Mortgage interest £9,500
Other years I followed instructions and used the percentages and all was fine 
BUT 
for some reason this year I am struggling to know what box and where I put percentages etc 
I know there are only 5 days left and despite me sitting in a quiet room, my mind is all over the place and I can find how to do for 22/23 but for some reason can't find 23/24
 

Nomunnofun1

Expenses go in box 24 to 29 (online equivalent).

Mortgage interest goes in box 44

https://assets.publishing.service.gov.uk/media/65f9777e703c42001a58ef11/SA105_2024.pdf

Not sure what you mean by ‘percentages’

joanie3

Thank you I will take a look.

Nomunnofun1 said:

Expenses go in box 24 to 29 (online equivalent).

Mortgage interest goes in box 44

https://assets.publishing.service.gov.uk/media/65f9777e703c42001a58ef11/SA105_2024.pdf

Not sure what you mean by ‘percentages’

For percentages, I think I meant the 25, 50 or 75% that were used during the transition period. 

Nomunnofun1

joanie3 said:

Thank you I will take a look.

Nomunnofun1 said:

Expenses go in box 24 to 29 (online equivalent).

Mortgage interest goes in box 44

https://assets.publishing.service.gov.uk/media/65f9777e703c42001a58ef11/SA105_2024.pdf

Not sure what you mean by ‘percentages’

For percentages, I think I meant the 25, 50 or 75% that were used during the transition period. 

Understood- there were two boxes during that time, obviously no longer required. 

joanie3

I almost put in this section

Help about: UK Property 28 - Non-residential property finance costs

Non-residential property

Watch a short YouTube video on Loan interest and other financial costs.

You can claim the costs of getting a loan or alternative finance to buy a non-residential property that you let, and the full amount of any interest on such a loan or alternative finance payments.

Nomunnofun1

joanie3 said:

I almost put in this section

Help about: UK Property 28 - Non-residential property finance costs

Non-residential property

Watch a short YouTube video on Loan interest and other financial costs.

You can claim the costs of getting a loan or alternative finance to buy a non-residential property that you let, and the full amount of any interest on such a loan or alternative finance payments.

It’s a commercial property ?

If it isn’t ignore box 28.

joanie3

Nomunnofun1 said:

joanie3 said:

I almost put in this section

Help about: UK Property 28 - Non-residential property finance costs

Non-residential property

Watch a short YouTube video on Loan interest and other financial costs.

You can claim the costs of getting a loan or alternative finance to buy a non-residential property that you let, and the full amount of any interest on such a loan or alternative finance payments.

It’s a commercial property ?

If it isn’t ignore box 28.

Thank you for the help, it is not a commercial property, so I have now completed and put in box 44