Will We Pay Tax on Rental Income from Flat?

Answered on 15 March 2019 by


We live in a tied property and have bought a flat with a repayment mortgage for when we retire, if we rent it out until then, do we pay tax on the income?


Nick Morrey

Usually, yes you would pay tax on the income, however I would recommend that you check with a taxation specialist to see whether your tied accomodation makes any difference, and also the fact that the property will be your main residence when you retire.

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