News
Changes styming tax deductibility become law
Monday 4th of April 2022
This means landlords can no longer offset the interest costs they pay on mortgages as an expense against their taxable income if they bought a property after 27 March last year.
For properties bought before then change will be phased in over four years from the existing tax year until 2025. It will then fully apply to all rentals apart from new builds, property developments, properties...
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