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Posted Fri, 13 Oct 2023 16:00:31 GMT by
Firstly my residential property is over £1000 and I complete a self assessment online detailing my income and expenditure but wanted to know if i get this allowance and if so how do I get it? thanks
Posted Tue, 17 Oct 2023 09:52:25 GMT by HMRC Admin 17

Hi,
 
Thank you for your question.

I assume you are talking about the property income allowance.

You can either claim the £1000 property allowance or the expenses whichever is higher.

You claim this within the income from property section on your self assessment tax return.

I have attached a link for you to read:

Work out your rental income when you let property  .

Thank you

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