Sound Bites: The end of buy to lets is nigh!

Feedback@thelongpartnership.co.uk

“Residential Buy to Let Landlords are about to be on the receiving end of some penal legislation that will have a dramatic and lasting effect on the way they do business.

The new restriction on deducting interest from rental income from residential property is pushing effective tax rates through the roof and in some cases to over 100%. If you have rental properties or were thinking of venturing into the buy to let market, you need to watch this week’s video. Then you probably want to speak to us.

The new regime starts on 6 April 2017 so you need to start planning now and please, spread the message to other buy to let landlords.

Alan Long”

call us on 0800 180 4401 or email advisers@thelongpartnership.co.uk

Sound Bites is a platform to share our knowledge of things we think might be important to you. There is always a little tip, or technique that could save you time, money or keep you on the right side of the tracks and out of the HMRC dragons’ gaze.

Soundbites is delivered by email and to your inbox at 10.45 every Wednesday morning click here to get on list.