Landlord profits slump 11% as finance costs soar 32%
HMRC data shows landlord profits fell 11.2% as finance costs rose 32%. See what remortgaging off a 2021 fix does…
Section 24
Landlord Tax Hits 47%: What the 2% Rise Really Costs You
Rental profits will be taxed at 22%, 42% and 47% from April 2027, with Section 24 relief rising to 22%.…
Do I need an HMO licence in Manchester City?
Certainly, an HMO license is imperative for properties with three tenants in Manchester under the mandatory licensing scheme. This legal…
Guide to Section 24 Tax Change For Buy-to-Let Investors
April 2020 marked the start of the final year of the phased implementation of Section 24, ending landlords’ ability to…
Landlord’s Guide To Facing Section 24 Challenges
April 2020 marked the start of the final year of the phased implementation of Section 24, ending landlords’ ability to…
How Section 24 Impacts on Your Property Business
Section 24, a term well-known among landlords, introduces heightened taxes that can diminish profits in the residential rental property sector.…
How Landlords Can Navigate Section 24 Challenges
April 2020 marked the start of the final year of the phased implementation of Section 24, ending landlords’ ability to…
What is Section 24 of Income Tax Act?
Section 24 of the Finance Act 2015, also known as the ‘Tenant Tax,’ poses significant challenges for today’s landlords. It…
The Impact of Section 24 on Buy-to-Let Properties
The tax year 2020/21 marked the full implementation of Section 24, a series of tax reforms gradually phased in since…
Government Must Act to Support Landlords and Tenants
Greg Tsuman, the current president of ARLA Propertymark and director of lettings at the Martyn Gerrard agency, expressed concern over…