In April 2017, the amount of tax relief landlords can get on finance costs including mortgages and loans, was restricted to the basic rate of income tax (20%). Our Residential Property Taxperts have put together a factsheet on what those changes mean for your rental property.
Should you need further assistance, please contact our Residential Property Taxperts.
March 15, 2024
Speed read Any individual who is a sole trader or partner in a trading or professional partnership will be taxed under the new ‘tax year basis’, which means…
February 29, 2024
With the end of the financial year drawing close, now is the time to evaluate your tax position for the year to 5 April 2024 to ensure that…
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Chartered Accountants
