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The Autumn Statement in December 2015, brought some more bad news for property investors with changes to Stamp Duty Land Tax. Higher rates of Stamp Duty Land Tax (SDLT) will be charged on purchases of additional residential properties (above £40,000), such as buy to let properties and second homes, from 1 April 2016. Additional rate… Read more
In the summer budget the government announced that landlords will get tax relief only at the basic rate for interest paid on loans to acquire buy-to-let property. The new rules are to be phased in over three years, starting in April 2017. They apply to 25% of the interest paid in 2017/18, 50% in 2018/19… Read more
