LandlordGauge

Section 24 tax calculator: 2026/27 vs 2027/28

Estimate tax on rental profit and the finance cost credit. Compare 2026/27 with future 2027/28 property rates, with Scottish and Welsh limits shown.

Your annual income

Income and expenses

Annual taxable salary before income tax.

Annual rent received before expenses.

Annual non-finance expenses. Exclude mortgage interest.

Annual interest only, excluding capital repayments.

Tax year and taxpayer

Announced property rates comparison

Announced in 2025, now enacted for 6 April 2027. Scottish and Welsh future rates are not yet set here.

Your rental tax

Example result

Your estimated tax on rental profit for 2026/27 is £1,946, after a £1,200 finance cost credit.

2026/27 · Selected year

Tax on rental profit
£1,946
Effective rate on profit
14.97%
Finance cost credit
£1,200

2027/28

Turn on the future property rates comparison to calculate 2027/28.

Year-on-year difference

2027/28 minus 2026/27
Not available

Example: illustrative £40,000 salary.

Rates as of