Landlords Tax Relief Changes

On 6th April 2017 the way that tax relief on finance costs is allowed for landlords is going to be restricted.

The restriction will be phased in over 4 years and will impact all landlords whose income falls in the higher rates of tax band. If you are a basic rate taxpayer you would be unaffected by these changes. It is worth noting though that the change alone might result in you becoming a higher rate taxpayer even if you are currently a basic rate taxpayer.

We have prepared an article regarding these changes and their impact. If you would like to read up on these changes please click the link below.