how to work out tax to pay on rental property in italy

I live and work in the UK, and am considering buying a property to rent out in italy with my partner. I am trying to work out how much tax i will pay on the property. In italy, the rate is 21%, and in the UK my salary is 42k so i pay 20%. Would that mean i dont pay any tax on it in the uk if my share of the profit still falls below the 50k threshold? thanks in advance

Hi,
Based on your figures, the Italian tax would cover the UK liability so nothing extra would be due.
Thank you.