Property Tax
Buy-to-let
Buy-to-Let Tax covers the taxes landlords pay on rental income and profits from property sales. We help you understand your obligations, claim allowable expenses, and minimise your tax liability.
Income tax on rental
Income Tax on rental income is payable on the profits you earn from letting property. We help you calculate your liability, claim allowable expenses, and ensure full compliance with HMRC.
Annual Tax on Enveloped Dwellings (ATED)
The Annual Tax on Enveloped Dwellings (ATED) applies to companies owning UK residential property over £500,000. Reliefs may be available for rental businesses, developers, and other qualifying uses, and we can help you claim them and manage your obligations efficiently.
FAQ
What property taxes might I have to pay in the UK?
Property can be subject to several taxes, including Council Tax, Capital Gains Tax (CGT) when selling, Income Tax on rental income, Inheritance Tax (IHT) on estates, Business Rates on commercial property, and in some cases the Annual Tax on Enveloped Dwellings (ATED).
Do I pay Capital Gains Tax (CGT) when selling my home?
You don’t usually pay CGT on your main residence if it qualifies for Private Residence Relief. However, CGT may apply if you sell a second home, a rental property, or part of your home used for business.
How is rental income taxed?
Rental income is subject to Income Tax, after deducting allowable expenses such as letting agent fees, repairs, insurance, and in some cases mortgage interest relief. The net profit is added to your other income and taxed at your marginal rate.
Will I have to pay tax if I inherit property?
Inheritance Tax (IHT) may be due depending on the total value of the estate. Reliefs and allowances are available, including the Residence Nil Rate Band if the property passes to direct descendants.
What are Business Rates?
Business Rates are like Council Tax but apply to commercial properties such as shops, offices, warehouses, and pubs. Discounts and reliefs may be available for small businesses or empty properties.
What is the Annual Tax on Enveloped Dwellings (ATED)?
ATED applies if a company owns UK residential property worth more than £500,000. Reliefs exist for property rental businesses, developers, and certain other uses.
Can I get a refund on property taxes?
Council Tax (if you’ve overpaid or qualify for discounts)
Income Tax (if allowable expenses reduce your liability)
IHT and ATED (if reliefs apply or valuations fall)
Capital Gains Tax is the main exception — while refunds aren’t available, losses can reduce future liabilities.
How can a tax broker help with property taxes?
A broker connects you with trusted specialists who can:
Identify the taxes relevant to your property situation
Ensure you claim all available reliefs and exemptions
Handle calculations and reporting to HMRC
Help you plan transactions to minimise liabilities
Contact us regarding Property Tax
We are a specialist tax broker, connecting property owners and investors with tax experts.