Property tax

Tax on property and rental income

  • Find out how income from rental properties is taxed 
  • A complete guide to allowable expenses
  • Claim tax relief if you rent out a room in your house
  • Tax on furnished holiday lettings and foreign property

What's in this guide

How rental income is taxed

Find out how to keep your tax bill down if you rent out a property

Allowable expenses and allowances

Make sure you don' t pay too much tax by claiming the right expenses and allowances

Rent-a-room scheme: Letting a room in your home

Renting out a room in your house can be a good way of making extra money, tax-free

Tax on overseas property

Rental income from property abroad does not escape UK taxes

Which? Limited (registered in England and Wales number 00677665) is an Introducer Appointed Representative of Which? Financial Services Limited (registered in England and Wales number 07239342). Which? Financial Services Limited is authorised and regulated by the Financial Conduct Authority (FRN 527029). Which? Mortgage Advisers and Which? Money Compare are trading names of Which? Financial Services Limited. Registered office: 2 Marylebone Road, London NW1 4DF.