Are you a landlord?
Make sure you know what’s happening to tax reliefs for residential landlords, changes to the treatment of finance costs are being phased in from 2017/18 to 2020/21. During these years of change make sure you keep on top of what is needed…or better yet get an accountant to do it for you.
In April we are moving into the penultimate year of phasing in with the finance costs allowable dropping to 25%. Do you know how this will effect you? Don’t be caught out with a bigger than expected tax bill.
