🇬🇧 Section 24 Compliant
Buy-to-Let Yield & Tax Calculator
Calculate your true rental profit and net yield after factoring in HMRC's Section 24 mortgage interest restrictions.
True Annual Net Profit
£0.00
Equals £0.00 per month clear in your pocket.
Gross Yield
0.00%
Net Yield (After Tax)
0.00%
Total Annual Rent
£0.00
Less: Annual Allowable Costs
- £0.00
Taxable Rental Profit (Sec 24 restricts mortgage deduction)
£0.00
Gross Tax (At 40%)
- £0.00
Plus: Sec 24 Mortgage Tax Relief (20%)
+ £0.00
Final Tax Bill to HMRC
- £0.00
Actual Annual Mortgage Paid
- £0.00
Landlord Strategy Tip: SPV Limited Company
If you are a Higher (40%) or Additional (45%) rate taxpayer, Section 24 severely damages your personal Buy-to-Let profits because you only get 20% basic rate relief on mortgage interest. This is why many UK landlords are now purchasing properties through a Special Purpose Vehicle (SPV) Limited Company. Companies are exempt from Section 24 and can deduct 100% of mortgage interest as a business expense before paying Corporation Tax (19%-25%).