UK Property
Recording income from UK rental properties.
Property income
Record rent received and allowable expenses for your UK properties.
Allowable expenses
- Letting agent fees
- Repairs and maintenance
- Insurance
- Ground rent and service charges
- Mortgage interest (restricted)
Multiple properties
All UK properties are reported together as a single income source for MTD.
Furnished holiday lets
Different rules apply. Consult HMRC guidance or an accountant.