Guides & Publications
Buy to let landlords have various tax implications to consider when investing in property.
The last year has not been particularly kind for buy-to-let landlords, with property prices falling in real terms and mortgage costs increasing. However, there have been some recent positive signs: mortgage rates look to be easing, with the bank base rate held after 14 consecutive rises, and the government has backtracked over the introduction of energy performance targets for landlords. On top of this, rents continue to remain high, with an increase of over 5% across the UK in the year to June 2023. In Scotland, landlords are having to deal with a temporary rent cap and moratorium on evictions, with these measures running until 31 March 2024. The Welsh government has also consulted on possible rent controls. All of this adds up to difficult decisions for anyone looking to enter the buy-to let market as a new landlord.
More & Other Musings
View all related contentNEW Articles23 Jul 2024
Self-employed workers will see a substantial reduction in their Class 4 national insurance contributions (NICs) for the current tax year after two percentage cuts were announced in the 2023 Autumn Statement and 2024 March Budget.
NEW Articles23 Jul 2024
Companies without a digital invoice processing system in place are leaving themselves open to invoice fraud. Over the past year, nearly a third of businesses have been targeted.
NEW News22 Jul 2024
We are excited to announce that Alliotts’ Guildford office is moving into new premises.
NEW Articles19 Jul 2024
For 2022/23, the tax gap has increased to a record £39.8 billion, with small businesses being blamed for around 60% of uncollected taxes.
NEW Articles17 Jul 2024
With a majority of over 200 and a weight of expectations, what happens next for Sir Kier Starmer’s new Labour government?