Self assessment, mortgage interest - where does it go on the return now?

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Self assessment, mortgage interest - where does it go on the return now?

    Hi

    Im doing a provisional self assessment tax return for 2021 so I can calculate what I can reduce my July payment on account to.

    I can't find anywhere to put the mortgage interest payments. I remember there used to be a box the interest payments that were part of the allowance as it tapered down and a box for the remainder but now the allowance is zero I cant find it

    Any help gratefully received


    #2
    Send a letter to the Tax Office to explain reason why you intend to reduce the July 2021 tax payment.

    Comment

    Latest Activity

    Collapse

    • Capital Gain Tax on main home, but let in the past
      by Gep
      Hi all,
      I'm thinking about selling my flat and trying to workout how much capital gain tax I would have to pay.
      ​​Accordingly to the HMRC website the rate is 28% if you let the property out, but I'm currently living there so I'm not sure.

      I've owned the property for 10 years:...
      18-06-2021, 17:32 PM
    • First time investor to a BTL planning for long future and father retirement
      by Nick constable
      Hello I’m starting to have to plan my fathers retirement and we have a good amount of deposit to invest in a property to rent and I’m trying to find the best way to set this up whether it be as a limited company or as Individual I am thinking more towards limited company because when my father comes...
      18-06-2021, 10:09 AM
    • Reply to First time investor to a BTL planning for long future and father retirement
      by jpkeates
      The first question you should ask yourself is why have I chosen this investment over other forms of investment, including those that would be tax free or designed for pensions?

      And if you don't have an answer, you've not really made a decision.
      18-06-2021, 12:56 PM
    • inherited house - best to sell or rent
      by Wobble1
      Hi all,

      My father sadly passed away in February, I already owned half of his house as tenants in common via my mothers will (passed several years before), although I didn't live there with him. Have my own house nearby. I am sole beneficiary of his will, and as well as everything else,...
      17-06-2021, 20:32 PM
    • Reply to inherited house - best to sell or rent
      by 1600e
      Quite right.
      I was rushing to post as the footy was starting lol!...
      18-06-2021, 09:46 AM
    • Reply to inherited house - best to sell or rent
      by royw
      As there is no mortgage you can make a useful income from it but it certainly isn't hassle free. If you do it yourself it's vital you know what you're doing so you need some landlord training. You are never off duty. If you use an agent you need to make sure they know what they're doing. Anyone can...
      18-06-2021, 07:48 AM
    • Reply to inherited house - best to sell or rent
      by ram
      At the cost of being chastised. ( and not directing my comments to 1600e, but a general statement. )

      Landlords "Let"
      And tenants "Rent"./ rent it.
      ...
      17-06-2021, 22:25 PM
    • Reply to inherited house - best to sell or rent
      by 1600e
      Before you think of renting it, get an EPC (energy performance certificate) and an eicr (electrical installation condition report) carried out and gsc (gas safety certificate). If it's a modernish house you should be ok as regards the EPC but if not bear in mind the government is aiming to get all private...
      17-06-2021, 22:03 PM
    • Reply to inherited house - best to sell or rent
      by ram
      ADVICE -- serious advice.
      Sell the house

      You did not wake up one day and decide you will be a landlord and want to deal with people that dont pay rent and costs you a fortune to get them out. Nor waking up and sayng I realy want to go through that mine field of rules and regulations
      ...
      17-06-2021, 21:41 PM
    • Need CGT help or do i ned an accountant
      by Sara2
      Mother died in 2007 left house to me and my 2 sibs it was family home and i lived in it until 1985 when i had my own house. My brother also lived in house at point mum died and he remained there until 2010 when not being able to sell the property i purchased whole of property by buying brother and...
      13-06-2021, 11:53 AM
    Working...
    X