Calculators
Furnished Holiday Lettings
Income from properties that pass the criteria for furnished holiday lettings are subject to taxation based on the rental business calculation methods. If substantial services similar to those of a hotel are offered, it is considered a trade, and is classified as...
What Are The Allowable Expenses Against Rental Income?
One of the most frequent queries we receive revolves around what expenses can you claim against your rental income and the distinction between CAPITAL and REVENUE expenses. Many landlords unintentionally mix up the two, especially when differentiating between repairs...
Private Residence Relief
If the property has ever served as your sole or primary place of residence, you may be eligible for private residence relief. This rule applies to married couples, civil partners, and unmarried individuals, as they can only designate one property as their principal...
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