Hi
If your individual share of the rental income for the tax year exceeds £10,000.00 (i.e., before allowable expenses), or your individual share of the rental profit for the tax year exceeds £2,500.00 (i.e., after allowable expenses) then you are required to register for Self Assessment and send a Self Assessment tax return to report your income and pay any tax that may be due.
You should register before the 5th October following the end of the tax year. To register, please visit:
Check how to register for Self Assessment.
If your income / profit falls below the limits mentioned above, you can report your rental income to HMRC in writing without completing a Self Assessment return.
The address to write to is: Pay as You Earn and Self Assessment, HM Revenue and Customs, BX9 1AS
If you write to us, please provide details of your total rental income, and a list of any allowable expenses you’ve claimed when calculating your profit.
For help calculating your taxable profit, please visit
Work out your rental income when you let property.
If you and your wife have unequal beneficial interests in the property and are receiving anything other than a 50/50 share of the rental profits, then you can use our ‘Form 17’ to declare your unequal shares
Declare beneficial interests in joint property and income
Thank you