Income from property more than doubled in 10 years
9th May 2023
Latest data released by HMRC indicates that over 2.1 million UK taxpayers received income from property in the tax year 2020/21, receiving on average a net income of £11,400.
Collectively these taxpayers received a total net income of £24.5 billion (net) in the tax year 2020/21, up 5% year on year. This is despite the fact the 2020/21 data includes the effects of the landlords’ interest restriction, phased in since 2017/18.
50% of individuals received between £20,000 and £50,000 in total gross income, although one in eleven received £100,000 or more. Such individuals accounted for over 19% of the total net income received.
The number of UK taxpayers receiving an income from property rose by close to a quarter of a million in the 5 years to 2020/21. Source: Dataloft, HMRC, 2023
Staying Ahead of the Curve: 5 Smart Ways Brighton Landlords Can Stay Compliant with EPC Changes
9th April 2025
Energy efficiency has become a central focus for UK landlords. And in Brighton with our mix of Victorian terraces, seaside…
New Sanctions Checks from May 14: What Landlords Need to Know
9th April 2025
From 14 May 2025, a new set of government regulations is coming into force around sanctions checks – and while…
Employee of the Month- March 2025
7th April 2025
Huge congratulations to Adam, our incredible Sales Manager, for being named Employee of the Month! From starting as a one-man…
