Tax Return for Landlords
Complete your Self Assessment in 8 minutes. Claim all your allowable expenses and submit directly to HMRC.
- Mortgage interest calculations
- Track property expenses
- Multiple property support
- MTD-ready for 2026
Example Tax Calculation
Based on typical landlords earnings £18,000/year
*Illustrative example based on 2024/25 tax rates. Your actual tax depends on your specific circumstances.
Allowable Expenses for Landlords
Claim these tax-deductible expenses to reduce your tax bill
Mortgage Interest Relief
Claim 20% tax relief on mortgage interest as a tax reducer (Section 24).
Tip: This is a tax credit, not a deduction from income
Repairs & Maintenance
Repairs to keep the property in good condition (not improvements).
Tip: Replacing like-for-like is a repair; upgrades are improvements
Letting Agent Fees
Management fees, tenant finding fees, and inventory costs.
Tip: Include all professional fees related to letting
Insurance & Compliance
Landlord insurance, gas safety certificates, EPC costs, and licensing.
Tip: All compliance costs are fully deductible
More expenses you can claim
Landlords Industry Insights
Essential information about working as a landlords in the UK
Common Structure
sole trader
Personal ownership common for existing portfolios; new purchases may benefit from limited company for mortgage interest
Required Certifications & Qualifications
When Do Landlords Earn Most?
Understanding seasonal demand helps you plan your income and expenses throughout the tax year.
Peak Demand Periods
Quieter Periods
Industry Insight
Student accommodation has very specific letting cycles
Tax tip: During quieter periods, use the time to organise receipts, update your records, and plan for upcoming tax deadlines.
Tax Tips for Landlords
Specific tax considerations to maximise your deductions and stay compliant
Mortgage interest relief is restricted to basic rate (20%)
Replacement furniture relief (not capital allowances)
Letting agent fees are deductible
Maintenance and repairs are deductible; improvements are not
These tips are based on UK tax rules for the 2024/25 tax year. For personalised advice, consult a qualified accountant.
How to File Your Tax Return
Follow these simple steps to complete your Self Assessment
Gather Your Documents
Collect income records, receipts, and expense statements
Enter Income & Expenses
Add your earnings and claim allowable expenses with our guided flow
Review Your Calculation
See exactly how much tax you owe with real-time calculations
Submit to HMRC
File your tax return directly to HMRC in minutes
Key Deadlines for 2024/25 Tax Year
Don't miss these important dates
5 April 2025
Tax Year Ends
Calculate your final income and expenses
5 October 2025
Register for Self Assessment
If this is your first year self-employed
31 January 2026
Online Filing Deadline
Submit your tax return and pay any tax owed
6 April 2026
MTD Starts (£50k+)
If your income exceeds £50,000, you must use MTD software
Late Filing Penalties
1 day late: £100 fixed penalty
3 months late: £10/day up to £900
6 months late: 5% of tax owed or £300 (whichever is higher)
12 months late: Additional 5% or £300
Plus interest on any tax paid late. Avoid these costs by filing early with QTax.
Frequently Asked Questions
Answers to common questions about tax returns for landlords
How does Section 24 affect my tax?
Since 2020, you cannot deduct mortgage interest from rental income. Instead, you receive a 20% tax credit. Higher-rate taxpayers pay more tax than before Section 24.
What is the difference between repairs and improvements?
Repairs (fixing or replacing like-for-like) are deductible immediately. Improvements (upgrading or enhancing) must be claimed when you sell the property as a capital expense.
Do I need to register for Self Assessment?
Yes, if your rental income exceeds £1,000 (the property allowance) or you want to claim expenses. Register with HMRC for Self Assessment.
Ready to File Your Tax Return?
Join thousands of UK landlords who trust QTax for their Self Assessment