03
January
Changes in Buy To Let Tax Relief
How Will the Changes in Buy-to-Let Tax Relief Affect You?
If you are a UK landlord, you may already have been reeling as a result of the changes to mortgage interest tax relief; with the recent Autumn Statement adding extra stamp duty, you could find yourself wondering if you can actually continue to make a profit from your property(ies).
What Is the Current Situation Regarding Buy-to-let Tax Relief?
Currently, landlords can offset the cost of the mortgage interest from the rental income when profits are being calculated. As an example, if