Buy-to-let property investment involves paying a variety of taxes.
Income from your property is taxed in the same way as money you earn at work and has the potential to push you into your next tax bracket.
Capital gains tax can also apply to any property you own that is not your home. It is calculated based on how much your capital has grown when you sell the property.
The above should not be construed as definitive tax advice and everyone’s circumstances are different. You should verify any tax information from HMRC or a qualified tax adviser. Taxes and allowances can change regularly, so be sure keep up to date with the latest information at the time you plan to invest.
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