Tax changes for overseas landlords with UK land and property
Any non-resident landlord (NRL) company with a UK property business will pay Corporation Tax instead of Income Tax from 6 April 2020.
“Rent a room” relief to continue for Airbnb landlords
The scheme currently exempts from tax gross rents up to £7,500 where rooms within the taxpayers’ main residence are rented out.
Restricted tax relief for landlord finance costs
The 2019-20 tax year is the third year of a four year phased implementation of the Chancellor’s strategy to restrict the tax relief residential landlords gain on finance costs.