SA107 : Estate Income: Restricted Finance costs

​For the tax year 6 April 2019 to 5 April 2020, the allowable costs of getting a loan or alternative finance to buy a residential property that is let, and any interest on those loans and alternative finance, is restricted to 25% of these costs for each property business.

To show the 25% finance costs on the SA107:

1. Click '+ NEW PAGE' and then select 'Trusts (SA107)' from the list of categories

2. Click 'SAVE'

3. Click '+ INCOME'

4. Select 'Residential Property Income' from the drop-down list

5. Fill in BOX 25, BOX 25.1 and the 'ADDITIONAL NOTES' box

6. Click 'SAVE'

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