I am the sole director of a limited company, which owns a rental property. I fully manage everything to do with the property. Can I claim back a management fee for my services? I was thinking of around 12-15%. 

Arthur replies: 

See HMRC’s Property Income Manual at PIM2210, where it states: ‘A landlord can’t deduct anything for the time they spend themselves working in their own rental business. They can deduct any wages or salaries they pay to their spouse, civil partner or other relations for working in the rental business, provided the amounts paid represent a proper commercial reward for the work done. The spouse, civil partner or relative will be taxable on their earnings if their income is large enough.’ This is obviously not the same as your scenario. But we can draw an analogy that if you charge the company a commercial amount for the services you provide, and you declare this as your personal income – then this should be OK.