There are so many things that could affect your tax bill. Not all of these will be relevant to you but to help you get to grips with them we have created a list of nearly 100 things that you should think about, or discuss with your accountant in the run up to the Self-Assessment deadline.

Below you will find tips 80-85 which relate to property and loans

80. Consider buying your next buy-to-let property in the joint names of yourself and your spouse/civil partner as tenants- in-common. The rental income can then be divided between you according to the proportion of the property you each own, e.g. 20%: 80%, giving the lower earning partner a bigger share, so the rents may be taxed at the lower income tax rates. 

81. If you are moving home consider letting your old home instead of selling it. When you do sell that property in a few years time, most of the gain will be protected from capital gains tax.

82. If you rent a room out in your own home, the first £7,500 of rental income you receive each year is free of tax.

83. If you let out furnished property out you can claim 10% of the rent as an allowance for wear and tear on the furnishings.

84. When you are installing insulation of almost any type in your let residential properties, check the total cost per property. You can claim a special tax allowance of up to £1,500 per property to cover these costs, but any excess will not get tax relief.

85. If you are buying a property to let out, it can often make sense to borrow the money to finance the property, even if you don’t need to, as you get tax relief on the loan interest. You may then have an alternative use for the money.
 
The next part will include tips relating to peroperty and loans. If you need help to get the most from your self-assesment then all you need to do is fill in this handy form.