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Property Allowance

Posted: Fri Dec 28, 2018 8:19 pm
by steven13
During the year ended 5th April 2018 I received £3400 property income and paid out mortgage interest on the property of £2600 (I'm standard rate tax payer). Can I also claim the new Property Allowance Of £1000 or am I precluded from doing this because of the mortgage interest claim?

Re: Property Allowance

Posted: Sat Dec 29, 2018 12:30 am
by bd6759
Claim one or the other, not both.