Buy to let landlord tax
In 2015 the Government announced that from April 2017 the way tax relief is calculated is going to change.
From April 2017 the tax relief for individuals on the interest you pay on your buy-to-let mortgage will be progressively withdrawn and by April 2020 it will no longer be an allowable expense.
Instead you will be able to claim basic rate tax relief on finance expenses. Therefore it is important that you understand how the new tax rules may affect you.
We recommend you seek professional, independent tax advice.