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’ receive on finance costs to the value enjoyed by basic rate taxpayers.Prior to 2017-18,...

Holiday lettings business – tax perks and using a company

The ups and downs of the UK economy often raise questions for individuals about how best to invest their hard-earned savings.  Many see rental properties as a good investment and residential lets can bring extra tax perks if they qualify as “furnished...