Tax & pay · 2026/27

Property allowance versus expenses calculator UK

Compare the UK property allowance with actual eligible expenses for a simple rental-income case. Check the formula, worked example and limits before using your own figures.

Enter your figures

Your estimate

Lower non-negative profit base in comparison

£10,000.00
Using property allowance£11,000.00
Using actual expenses£10,000.00

Use your actual figures. Any prefilled price, fee, rate or return is an editable illustration, not a current product quote. Confirmed eligible income only; excludes Rent a Room cases, losses, partnerships and excluded connected income. Do not enter residential mortgage interest as a normal expense. Finance-cost tax reductions and filing decisions are separate.

How the property allowance versus expenses calculator uk works

Compare the profit base after a £1,000 allowance with the profit base after actual eligible expenses.

UK data and rules

2026/27 data · Checked 16 October 2026. Rules are a dated snapshot, not a live feed.

Read about data coverage and updates

Worked example: property allowance versus expenses

This illustration uses the calculator’s example inputs. It is not a quote or a recommended financial decision.

Gross eligible property income (£)
12,000
Eligible non-finance property expenses (£)
2,000

Lower non-negative profit base in comparison: £10,000.00

Compare the profit base after a £1,000 allowance with the profit base after actual eligible expenses.

Property allowance versus expenses: questions answered

What does the property allowance versus expenses calculation include?

Compare the profit base after a £1,000 allowance with the profit base after actual eligible expenses. Use your actual figures. Any prefilled price, fee, rate or return is an editable illustration, not a current product quote. Confirmed eligible income only; excludes Rent a Room cases, losses, partnerships and excluded connected income. Do not enter residential mortgage interest as a normal expense. Finance-cost tax reductions and filing decisions are separate.

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Using your result

Example inputs are a starting point. Replace them with your figures and select Calculate result. Results are rounded for display; calculations use unrounded values.

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