Hi, doing my first tax return this year. Just trying to clarify what UK rental deductible expenses ?
Any other than :-
-mortgage interest
-maintenance
-managing agents fees
-landlord insurance
I assume you convert AUD right ?
Also if you are only allowed to claim the interest part of your mortgage payment it makes it look like you made quite a large profit but because you had to pay the capital part as well you only made a very small profit - is that taken in to account anywhere ?