Letting for part of the year

[Karl05]

Hi, I wonder if someone can give me some advice please? I was renting my property for a number of years and completed a self assessment tax return each year as required.

However I stopped renting it halfway through the 2016/17 tax year so I'm currently looking at my final tax return. My question is regarding tax deduction of mortgage interest, do I need to work out how much interest I paid for the period it was rented or can I just deduct all interest paid during that tax year?

Thanks
Karl

[bd6759]

What did you do with the property after the letting stopped?

[Karl05]

I moved in, it's now my home. I no longer let any property.

[bd6759]

Your personal iiving expenses cannot be deducted from the income.

Expenses need to be apportioned to the date the tenant left.

[Karl05]

Great, that's what I thought, thanks very much for confirming.

Cheers
Karl