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Residential Property Finance Costs

Vincent Palmer
Posted Wed, 17 Jul 2024 20:24:42 GMT by Vincent Palmer
Hello, I want to use the Residential property finance costs section to claim 20% on my mortgage interest. Say my total mortgage interest was £1,000. Do I put the full amount of £1,000 in the box or 20% of the total mortgage interest at £200? Thanks

[Display name amended - Admin]
HMRC Admin 8 Response
Posted Thu, 18 Jul 2024 09:40:34 GMT by HMRC Admin 8 Response
Hi vincentpalmer,
You should include the full amount and the correct relief will be shown in the calculation, once your return is submitted.  
Thankyou.
 

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