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questions on rental income



Answer
jimbojetset
Posted 9 days ago by jimbojetset
Dear Sir/Mandam. I have a few questions about rental income: - I understand finance costs relief can be up to 20% of interest. If only a percentage of the mortgaged property is rented out, e.g. 80%. The Finance costs relief can be claimed partially on that percentage? (i.e 20% of the 80% of the interest) - Can the Finance Costs relief be claimed alongside the FTCR relief? - If I claim the Property allowance, can I also claim the Finance Costs Relief - If I claim the Property allowance, can I also claim the FTCR relief? Thanks for your support.
Answer
HMRC Admin 17 Response
Posted 7 days ago by HMRC Admin 17 Response

Hi ,
 
This question is not appropriate for this forum.

For general PAYE enquiries you can contact our helpline on 0300  200 3300 .

Thank you .

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