https://help.gosimpletax.com/hc/en-gb/articles/360001063604-Residential-Finance-Costs-Property-Abroad
For the tax year 6 April 2018 to 5 April 2019 the allowable costs of getting a loan or alternativefinance to buy a residential property that is let ,plus any interest on those loans and alternativefinance agreements is restricted to 50% of the costs.
50% of the costs should be shown in box 17 of the SA106, the remaining 50% should be shown as below
Click on the Foreign Income Page
Select Land and Property Abroad
Fill in all required Information about the property.
Enter the Residential Finance Costs i.e 50% of the mortgage interest paid
Related Articles
SA106 : Residential Finance Costs: Property Abroad
For the tax year 6 April 2020 to 5 April 2021, the allowable costs of getting a loan or alternative finance to buy a residential property that is let ,plus any interest on those loans and alternative finance agreements is restricted to 0% of the ...
SA106 : Foreign Income: Residential Finance Costs
For the tax year 6 April 2020 to 5 April 2021, the allowable cost of getting a loan or alternative finance to buy a residential property that’s let, and any interest on those loans and alternative finance, is restricted to 0% of these costs for each ...
https://help.gosimpletax.com/hc/en-gb/articles/360000808410-Partnership-Property-Finance-Costs
For the 2018 to 2019 tax year, you can only claim 50% of the cost of getting a loan, or alternativefinance to buy a residential property that you let, and 50% of any interest on such a loan oralternative finance payments. To show this on SimpleTax, ...
https://help.gosimpletax.com/hc/en-gb/articles/360001411224-Foreign-Income-Residential-Finance-Costs
The remaining 50% of the finance costs (the restricted finance costs’) from each residentialproperty business operated by persons abroad is used as a basis for calculating a reductionto your Income Tax. To show this in box 13.1 of the SA106 Click ...
https://help.gosimpletax.com/hc/en-gb/articles/360000901730-Estate-Income-Restricted-Finance-costs
For the tax year 6 April 2018 to 5 April 2019,the allowable costs of getting a loan or alternativefinance to buy a residential property that is let,and any interest on those loans and alternativefinance, is restricted to 50% of these costs for each ...