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  • Landlord mortgage interest tax relief as well as property allowance?

    Hi, are you able to declare mortgage interest as a landlord and claim the associated tax credit as well as claiming the £1000 property allowance? Having entered the £1000 allowance I see an error when declaring interest in box 43 stating I can't do both. I'm curious though as I've seen on replies to other questions that I can indeed do both. Also, I co-own the property 50/50 with my wife - if I was to enter expenses and/or mortgage interest, should I enter the whole amount or my 50% share of these? Thanks
  • RE: Property Income allowance and Mortgage interest

    Hi, are you able to declare mortgage interest as a landlord and claim the associated tax credit as well as claiming the £1000 property allowance? Having entered the £1000 allowance I see an error when declaring interest in box 43 stating I can't do both. I'm curious though as I interpreted your first reply as that I could possibly do both. Also, I co-own the property 50/50 with my wife - if I was to enter expenses and/or mortgage interest, should I enter the whole amount or my 50% share of these? Thanks