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  • Property Rental Income & Personal Tax Allowance

    Hi My questions is around Personal Tax Allowance and Property rental income. I am currently employed and earn £104,000 per year I pay 13% pension per month £1,126.67 I get a bonus in April of approx £9,049 With all this combined and pension deductions it will be around £99,528, under the £100k personal tax allowance threshold. I get £10,800 from the rental and then do a self assessment and pay the tax on the rental separately, Does the £10,800 from the rent add to my total income for the year and then affect my Personal Tax Allowance ? Do I need to reduce my salary by £10k so that the TOTAL combined income from my Job and rent is below £100k or are they separate . Thanks