Residential finance costs not appearing in Tax Calculation

Summary

In Sage Taxation 2026 R1, residential finance costs don’t pull through automatically to the Tax Calculation from property income.

Description

A known issue in version 2026 R1 prevents residential finance costs entered against property income going onto the Land and Property Summary.

Resolution

  1. Open UK savings and investments followed by Land and property
  2. Open Furnished lettings and view the Expenses/ adjustments tab. 
  3. Make a note of Restricted residential finance costs.
  4. Open the Tax return and computations then Land and property summary.
  5. In the Amount for the year box, when prompted select Yes to disable auto-calculation.
  6. Manually enter the total residential finance costs into this field and click Save.

This ensures that the amount appears in the Tax Calculation under Residential finance costs.

 

CAUTION:

We're aware of the issue with  2026 R1 and this is resolved in R2 coming later this year.

 

Solution Properties

Solution ID
260414154500693
Last Modified Date
Tue Apr 21 15:15:24 UTC 2026
Views
0