X

Sign Up

or

By signing up I agree to Property Tribes Terms and Conditions


Already a PT member? Log In

Sign Up

Sign Up With Facebook, Twitter, or Google

or


By signing up, I agree to Property Tribes Terms and Conditions


Already a PT member? Log In

Log In

or


Don't have an account? Sign Up

Forgot Password

To reset your password just enter the email address you registered with and we'll send you a link to access a new password.


Already a PT member? Log In

Don't have an account? Sign Up

  • Tax

    Tax Return and S24

    Hi when filing out self assessment does it automatically apply the new S24 rules with regards mortgage interest. Its not obvious to me and just looks like how it was done previously. for example I was expecting to see the breakdown within the calculation showing taxes applied to profit minus expences and then the 20% mortgage interest credit applied. It doesnt seem to have done this?? any help appreciated

    George

    0
    0

    Assuming you're using the hmrc software you have to calculate the split manually and add into the two relevant boxes

    1
    0

    Yes, click on the ? on the finance costs box and in the info it tells you to put in 75% of what you paid.

    There is another box later which asks you to put in the remaining 25%

    2
    0