Buy To Let Liability Calculator


How To Use

Please note that this calculator is for guidance purposes only. It does not account for all possible circumstances or future changes in tax rates and allowances and is meant to give only a general indication of tax liability now and in future years. For in-depth personal guidance, contact one of our consultants at Tax Expert.

The buy-to-let tax calculator will give you a good indication of the amount of tax you may need to pay on your rental income for the 2017–18 tax year. You can check to see alternative buy to let mortgage options which may mean lower monthly repayments, which could help to reduce tax due on a buy to let property. George Osborne made a massive change to buy-to-let mortgage interest tax relief which will reduce the allowance to 20% by 2020.

First, input your annual rental income.

Next, input any allowable expenses you intend to offset.

  • Accountancy
  • Agency and solicitor’s fees
  • Council tax payments
  • General business expenditures (such as advertising, stationery, telephone calls and travel)
  • Ground rent
  • Landlord’s insurance premiums
  • Maintenance and general repairs
  • Service charges and utility bills