Landlord Tax Accounts - Buy to let tax calculator with HMRC new tax rules

Tax Calculator

Buy to let tax calculator

The calculator will provide you with an indication as to the 'buy to let' tax changes that HMRC are going to phase in between 2017 and 2020. It does not cater for all possible tax circumstances such as child benefit, gift aid and pension contributions relief, so please check your own personal circumstances carefully.

Enter values to the nearest pound.

Tax threshold 20%:

Tax threshold 40%:

Tax threshold 45%:

Ordinarily you do not need to change the tax threshold values unless HMRC has recently changed them.

Rental Income:

Mortgage Interest:

Tax deductible costs*:

Other taxable income**:

*excl mortgage interest **e.g. pension or employment

	As now	Transitional rules			New rules
	2016/17	2017/18	2018/19	2019/20	2020/21
Rental income
Mortgage interest
Tax deductible costs
Profit before tax
% interest relief	100%	75%	50%	25%	0%
Interest now taxable
Taxable profit
Tax chargeable
Less 20% tax credit
Tax due
Net profit after tax

	Tax at various bands before tax credit
tax @ rate 0-20%
tax @ rate 20-40%
tax @ rate 40-45%
tax @ rate 45%+