Property
Annual rental figures
£
£
Letting agent fees, insurance, repairs (not capital improvements)
£
Used to determine your marginal income tax rate
Mortgage
Interest is the key Section 24 variable
£
%
£
Leave blank to auto-calculate from balance × rate
💡 Section 24: Personal landlords cannot deduct mortgage interest from rental income. Instead, a 20% tax credit is applied against the tax liability. Limited companies are unaffected — interest remains fully deductible.
Personal Name Settings
£12,570 annual personal allowance applied against rental income
Limited Company Settings
Model the "net to you" outcome after extracting profits as dividends
£9,100 salary (below NI threshold) before dividends
Advanced Assumptions
Edit tax rates and thresholds
Personal Name — Income Tax
£
£
Tax Bands
£
%
£
%
%
Limited Company — Corporation Tax
%
%
Dividend Extraction
£
%
%
%