Sign up to get our free landlord tax strategies


To receive our seven FREE landlord tax saving strategies just simply complete the form below and the first strategy will be emailed to you immediately.

Sign up to get our free landlord tax strategies

Thank You!

Seven FREE property tax busting strategies reveal the secrets of how to legitimately beat the taxman and boost your property profits!
View All Questions

Does Rental Income Affect Tax Credit?

Question

Will rental income affect my tax credit if the mortgage interest cost is just equal to the rental income I receive?

Arthur Says:
If the mortgage interest, which is an allowable expense, costs just equal to the rental income, then your net rental income is nil, and your tax credit will not be affected. Income, for tax credit purposes, is calculated in much the same way as for income tax.
Only net rental income (income that remains after deducting allowable expenses) counts, not gross rental income (income before deduction of allowable expenses).

Landlord Tax Secrets Get our SEVEN FREE Landlord Tax Saving Strategies - Guaranteed To Slash Your Property Tax Bills!
Click here for more.

Got a burning tax question?

Why not submit a tax question to our tax advisors

Ask a Question