When you spend money on your buy-to-let property, you expect to get a tax deduction against the rents received to help keep your tax bill down.

For those with children, this is even more important if your rented property might take you into the 'no-go' £50,000 - £60,000 income level where child benefit might be reduced or taken away completely.

With residential properties, costs like agent's fees and gas certificates are easily deductible. But what about the costs of white goods and furniture?

You may be aware that income of £150,000 and above suffers a tax rate of 50%.

What is less well known is that at a lower level of income the tax rate is in fact higher than 50%.

For income of between £100,000 and £116,210, the income tax rate is 60%.