Changes to tax relief for landlords could push them into higher rates
Posted by mostafa on 26 July, 2016
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This item was filled under Tax
The changes to the tax rules for residential property that come into force next April may result in landlords paying higher rates of income tax, warns Blick Rothenberg. Child benefit, personal allowances and pensions reliefs may also be affected.
The changes were announced in last year’s summer Budget and HMRC has now issued guidance on how …