Rental income tax

I have planning to have an income from my second property and I am extremely confused about the amount of tax I need to pay. Here are some figures: Initial agent and renting cost: £1035 Total interest for 12 months period mortgage: £2194 Total mortgage (the interest already subtract ed): £5856 Total rental income: £13800 My current tax band 40% Can you calculate the amount of tax I need to pay please?

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Not HMRC...if those figures are totals and NOTHING else is missing (assumes PAYE tax is right and no other expenses...repairs etc?) then rental income less agents fees is £13800 less £1035 = £12765 x 40% = £5106 less interest credit at 20% (£2194 x 20%) = £438.80 leaves £4667.20 due. n.b. it will likely be slightly different than that as PAYE is never a zero sum position, even if its right there will be a few pounds difference either way. Annually, if the amout of tax payable is more than 20% of the total tax liability for the year you would also have payments on account for the following year, so 50% also payable the following January and July.

Thanks