Rental Income
A dedicated set of guidance notes for Landlords helping you account for the necessary costs and plan for tax.
We provide comprehensive guidance articles on various rental income topics, equipping you with the knowledge you need to make key decisions.
Our guides help Landlords determine what expenses to claim and how tax is calculated on rental income. Whether you simply want to enhance your knowledge on rental income or looking to purchase a buy to let, our detailed articles provide the insights you need.
Most Searched Rental Income Topics
Do You Pay Tax on Rental Income?
Rental income is taxable in the UK, even from a single property. Learn whether you have to pay tax on rental income, how it’s calculated, and when to report it to HMRC.How to Avoid Paying Tax on Rental Income
You can’t avoid it completely but smart planning helps. Discover how to reduce or avoid paying tax on rental income legally, using allowances and expenses.How Much Tax on Rental Income?
The rate depends on your total income and tax band. Find out how much tax you pay on rental income and what landlords need to declare.Allowable Expenses for Rental Income
From letting agent fees to repairs, certain costs can reduce your tax bill. We explain what allowable expenses for rental income are and how to claim them properly.How Much Can a Landlord Raise Rent in the UK?
Rent increases are restricted by tenancy type and timing. Learn how much a landlord can raise rent in the UK, and what notice they must give.
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At Towerstone Accountants, we’re committed to providing exceptional service and tailored advice to meet your personal and business financial needs. Whether you’re looking for help with tax planning, bookkeeping, or corporate accounting, our team is here to assist you.
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