Tool
Rental-income tax calculator
Understand the income tax on your UK property income, stacked on top of any other earnings. Based on the same verified figures as our Tax Tables.
£
£
Repairs, letting agent fees, insurance and other running costs.
£
Leave blank if property income is your only income.
England, Wales and Northern Ireland rates. Scottish income tax rates are different and are not included here.
Enter your rental income to see your estimate.
What this includes
- Rental profit: rent minus allowable running expenses
- Your property income stacked on top of any other income
- Personal Allowance taper above £100,000
- Student loan repayments (Plans 1, 2, 4, 5 and postgraduate)
What this does not include
- Mortgage interest relief, which is restricted to a 20% tax credit, so actual tax may differ
- Furnished holiday letting rules and the £1,000 property allowance
- Capital allowances and replacement of domestic items
- Scottish rates. No National Insurance is due on property income
This tool is illustrative only and is not tax advice. Your circumstances may change the result. Check current figures on GOV.UK, and see our Tax Tables for the full detail.
Know the estimate. Change the outcome.
MyTaxFiling turns this estimate into a live picture, updating as you record income and expenses through the year.