New Government Guidance On Tax Changes For Landlords
Hopefully by now, all of our members will be up to date on the tax changes announced over the past year that will affect them.
As mentioned last month, if you have any mortgages and you do not operate as a limited company, your tax liability will change - see our calculator (accessible on our home page or here).
Conversely, see the details of our July members meeting 'Tax for the Terrified' or come to our September meeting where a local accountant will talk about various ways to cope with the impact of these changes.
Alternatively, read the summary of changes as published recently by HMRC and sent to us kindly by member, Dave Heard.
The new guidance summarising the changes is now available on the HMRC website or you can Find it here