Tagged: tax

Tax changes may impact maintenance of furnished properties

Tax changes may impact maintenance of furnished properties

A planned change in landlords’ tax allowances may discourage property maintenance on furnished properties over the coming months. As of next April, landlords will only be able to deduct costs that they actually incur...




No rethink on buy-to-let tax breaks says government

No rethink on buy-to-let tax breaks says government

The Financial Secretary to the Treasury, David Gauke, has ruled out any rethink on the UK government’s proposals to reduce buy-to-let tax breaks from next year. In a letter to the Residential Landlords’ Association...




Tax break cuts could force 1 in 5 landlords out of business

Tax break cuts could force 1 in 5 landlords out of business

The Annual Landlord Report, produced by Access Legal has revealed that a fifth of landlords will be out of business in the next two years due to tax break cuts announced by the government....




Buy-to-let landlords given hope over tax reforms

Buy-to-let landlords given hope over tax reforms

The Summer Budget in the UK included an announcement that interest relief would be limited to the basic rate of tax. This measure will be gradually introduced between April 2017 and April 2020. The...