A lot is changing for landlords in 2018, some of which is already underway. In this short report we have highlighted some of the important points to be aware of.
From April 2017, tax law surrounding buy-to-let property is changing. If you own a rental property it is important you understand fully how these changes will affect your tax position. Tax relief on mortgage interest will be reduced from next week, on a tapered approach until 2020.
As a follow up to our Buy-to-Let Property Investment Update here we look at how landlords can still claim for maintenance despite the Wear & Tear Allowance being abolished from April 2016. If you own a buy-to-let property it is more important than ever to be able to claim the maximum legitimate expenses against your rental…
With many of our contractor clients also choosing to invest in buy-to-let property, AJN have prepared a Buy-to-Let Update providing details around five key changing factors, and summarising both the current challenges, as well as the remaining opportunities for each.
Today’s Budget announcement did not bring too many surprises, or big changes, relevant to contractors and freelancers. Much of the speculation around pensions did not come to light this time around, and the bill is still underway regarding Elective Resolutions, and winding up limited companies tax-effectively.