Philip Hammond announced during today’s speech he would reform lettings relief so that it only applies in circumstances where the owner of the property is in shared occupancy with the tenant. This reform will apply from April 2020 and the final period exemption will also be reduced from 18 months to nine months. There will be no changes …
The guide on the upcoming Tenant Fees Act, containing information that landlords need to know about the upcoming legislation, looks at some of the key changes.
Tax relief changes will hurt property portfolio landlords Tax information is based on our understanding of the proposed tax legislation as at 15 May 2017, and may be subject to change. No information on this site should be taken as tax advice. For advice you should consult with an independent tax adviser. Up until the …
Considerations when changing ownership from your personal name into a limited company Any Capital Gains Tax (CGT) that you will have to pay, ie, the difference of the market value now and the price that you paid for the property, less any capital refurbishment costs. Any Stamp Duty Land Tax (SDLT) costs that will be incurred …
Changing property portfolio ownership from your personal name into a limited company Read More »
