Category Archives: Tax

How will stamp duty increases for second homeowners affect the rental market?

Small landlords investing in buy-to-let property face a huge hike in stamp duty from April 2016. The new, higher stamp duty rates will apply to buy-to-let properties as well as holiday lets. However corporate entities or funds with 15 residential … Continue reading

Posted in Legislation, Tax | Tagged | Leave a comment

Stamp duty overhaul helps buy-to-let landlords

The new stamp duty land tax (SDLT) regime introduced on 4th December means buy-to-let landlords will receive a welcome cut in stamp duty when buying new properties. According to Chancellor, George Osborne, 98% of purchasers will now pay less tax … Continue reading

Posted in Tax | Tagged | Leave a comment

Landlords in HMRC’s sights

Her Majesty’s Revenue and Customs (HMRC) is cracking down on landlords’ undeclared rental income. Out of the UK’s 1.4 million landlords, only half a million are registered with HMRC, despite the Revenue’s¬†Let Property Campaign¬†being launched in 2013, which allows landlords … Continue reading

Posted in Tax | Leave a comment