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Old 13.10.2020, 20:04
NewInSchwyz NewInSchwyz is offline
Join Date: Sep 2020
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Re: Declaring Uk home for tax benefits

Farman you are amazing knowledge thank you

If we can go back to the question can someone help me understand the tax saving so I can see if itís worth it

Income after deductions pillar 2 contributions pillar 3 etc is 100k. Before those deductions gross salary is 150k

House worth 1.2 million gbp
Mortgage debt 750k gbp
Rental value 3.5k gbp a month
Insurance and maintenance 5k gbp
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