For individuals and other persons subject to income tax, the rates for the tax year 2019–20 are as follows:

Taxpayer

Tax rate

Individuals

Basic rate (£0–£37,500)

20%

Higher rate (£37,501–£150,000)

40%

Additional rate (over £150,000)

45%

Trustees and other persons who are not individuals – default basic rate

20%

Non-resident corporates – default basic rate until 5 April 2020

20%

The landlord must file a return showing details of his income and capital gains by the following dates:

paper returns are due on or before 31 October following the end of the relevant tax year;

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