Allowable landlord Expenses

You can include many expenses in your tax return - alongside your rental income - to reduce the amount of profit you pay tax on.

The general rule is that the expenses must be wholly and exclusively for your property rental business.

You can still claim tax relief for the interest you pay on a mortgage for your rental property. This has changed in recent years and special rules exist, but APARI works it all out for you!

You can also claim: 

• General maintenance and repair costs.

• Bills paid by you as the landlord, e.g. water, gas, electricity, Council Tax etc.

• Insurance, e.g. contents, buildings, rent guarantee. 

• Letting agent and property management fees.

• Professional fees, e.g. accountancy, legal etc

• Cost of services, e.g. cleaners, gardeners

• Replacements of furniture, furnishings and white goods.

• Direct costs related to your property rental business include phone calls, stationery, advertising for new tenants, or travel.

• Landlord property licence

• Ground rents and service charges.

Pro tip: most people can also claim the cost of using APARI!

Usually, costs associated with the property purchase cannot be set against rental income e.g. purchase price, stamp duty, and legal fees.

UK PROPERTY EXPENSES

APARI’s record-keeping tools help you stay on top of your property expenses so you always know your profit. These record-keeping categories are automatically added to the APARI tax return to take the hassle out of preparing your final submission.

Our tax return product is fully HMRC-recognised.

If you’re familiar with HMRC’s SA105 page of the tax return, the table below shows how the HMRC tax return boxes map to the APARI tax return.

APARI Software Ltd is an accounting software provider and does not supply specific tax advice. For more information, please see our full terms and conditions.