CraigDM

My tax affairs are relatively simple, I have a full time job and a single rental property. My calculation for 23-24 shows a Profit from UK Land & Property as £795. I'm just in the 40% tax bracket with my job, so I would expect the tax liability to be 40% of £795 or around £320. My self assessment calculation however insists that I actually owe £446, which works out around 55%. It's very confusing and I think I asked the same question last year without getting a reply I could understand!