Property Tax
Section 24 Buy-to-Let Mortgage Interest Tax Restriction
How Section 24 restricts mortgage interest tax relief for individual landlords to a 20% basic rate tax credit, and limited company structuring.
Key Statutory Thresholds & Rules (2025/2026)
Applies to all individual residential landlords in the UK. 0% direct deduction of mortgage interest against rental income.
HMRC Compliance & Tax Planning Checklist
- Verified against GOV.UK Statutory Tax Guidance and HMRC Finance Act updates.
- Applies to UK tax year: 6 April 2025 – 5 April 2026.
- Self-Assessment deadlines: 31 October (Paper) / 31 January (Online).
Important Notice: HMRC rules change based on your individual ties, physical presence days, and residency history. Always consult a qualified Chartered Tax Adviser (CTA) for personal filings.