Question: what is the tax rate on rental income uk?
Answer: If your income is: Less than the basic rate threshold of £12,500 – you'll pay 0% in tax on rental income. Above £12,500 and below the higher rate threshold of £50,000 - you'll pay 20% in tax on rental income. Above £50,000 and below the additional rate threshold of £150,000 – you'll pay 40% in tax on rental income.