Investment News – UK Property Tax: What to do next…
These UK property tax changes are undoubtedly a big shakeup of the buy-to-let market.
This said, as a property investor you will still benefit from the majority of the deductibles that were available this time last year to reduce your rental income and tax bill for your property investment
For new investors or those expanding their property portfolio, the extra stamp duty is a chore and a bore as well as an extra cost that you could do without – but it is a known factor, and so one that can be considered and strategized for before investing. And this goes for the way in which wear and tear costs are now handled. Read More