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Who would be a Landlord?
14-Jan-2016
Over the next few years, landlords will see the removal of the wear and tear allowance on furnished lets, restriction of tax relief on mortgage interest, higher stamp duty on the purchase of buy to lets and accelerate payment of capital gains tax on the sale of a let property.
Now is the time for landlords with high loan to value portfolios to consider tax planning, as larger portfolios could see effective tax rates on net rental income exceeding 100%. Bright Brown has a range of opportunities and tax planning options to ensure your property income remains in good health and we are just a phone call away…
01983 523361
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