Tax reliefs in the income and expense tracker
The income and expense spreadsheet is a simple tool for landlords with straightforward portfolios, so it is down to you to check that you are entitled to the reliefs that are listed in the spreadsheet and the checklist. Once you’ve entered all your property income and expenditure details, the dashboard at the top of the spreadsheet will show you your overall income and expenditure and will calculate the figure you may have to pay tax on. You can also use the tax band guide in the spreadsheet to see which tax band you fall into.