Tax Return for Property Investors
Complete your Self Assessment in 8 minutes. Claim all your allowable expenses and submit directly to HMRC.
- Track rental income
- Mortgage interest relief
- Expense tracking
- MTD-ready for 2026
Example Tax Calculation
Based on typical property investors earnings £60,000/year
*Illustrative example based on 2024/25 tax rates. Your actual tax depends on your specific circumstances.
Allowable Expenses for Property Investors
Claim these tax-deductible expenses to reduce your tax bill
Finance Costs
Mortgage interest receives a 20% tax credit under current rules.
Tip: Mortgage interest is claimed as a tax reduction, not an expense.
Repairs and Maintenance
Property repairs, decorating, and general maintenance.
Tip: Repairs are deductible; improvements are not.
Letting Agent Fees
Agent fees for tenant finding and property management.
Tip: Keep invoices for all agent services.
Insurance
Landlord insurance, buildings insurance, and rent guarantee.
Tip: Insurance premiums are fully deductible.
More expenses you can claim
How to File Your Tax Return
Follow these simple steps to complete your Self Assessment
Gather Your Documents
Collect income records, receipts, and expense statements
Enter Income & Expenses
Add your earnings and claim allowable expenses with our guided flow
Review Your Calculation
See exactly how much tax you owe with real-time calculations
Submit to HMRC
File your tax return directly to HMRC in minutes
Key Deadlines for 2024/25 Tax Year
Don't miss these important dates
5 April 2025
Tax Year Ends
Calculate your final income and expenses
5 October 2025
Register for Self Assessment
If this is your first year self-employed
31 January 2026
Online Filing Deadline
Submit your tax return and pay any tax owed
6 April 2026
MTD Starts (£50k+)
If your income exceeds £50,000, you must use MTD software
Late Filing Penalties
1 day late: £100 fixed penalty
3 months late: £10/day up to £900
6 months late: 5% of tax owed or £300 (whichever is higher)
12 months late: Additional 5% or £300
Plus interest on any tax paid late. Avoid these costs by filing early with QTax.
Frequently Asked Questions
Answers to common questions about tax returns for property investors
Do property investors need to register for Self Assessment?
Yes. If you receive rental income, you must register for Self Assessment.
How does mortgage interest relief work?
Mortgage interest is no longer deductible as an expense. You receive a 20% tax credit instead.
Can I claim for property improvements?
No. Improvements add value and are not deductible. Repairs that restore the property are allowable.
What about capital gains?
Capital gains from property sales are reported separately on your tax return.
Ready to File Your Tax Return?
Join thousands of UK property investors who trust QTax for their Self Assessment