What allowable expenses can I claim against my rental income to reduce my overall taxable profit, beyond just mortgage interest, as a UK landlord?
Quick Answer
Landlords can claim allowable expenses like agent fees, repairs, insurance, and legal costs against rental income, but not mortgage interest for individual landlords since April 2020.
About This Topic
UK landlords can claim various expenses against rental income including agent fees, repairs, and insurance. Understand allowable deductions to reduce your taxable profit, especially with Section 24 affecting mortgage interest tax relief since April 2020.
This question is part of our Tax & Accounting category, providing expert guidance on UK property investment.
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