Restricting finance cost relief for individual landlords

Who is likely to be affected Individuals that receive rental income on residential property in the UK or elsewhere and incur finance costs (such as mortgage interest), excluding where the property meets all the criteria to be a furnished holiday letting. General description of the measure This measure will restrict relief for finance costs on Read more about Restricting finance cost relief for individual landlords[…]

Let Property Campaign – Gives residential landlords the opportunity to bring their tax affairs up to date

You can report previously undisclosed taxes on rental income to HMRC under the Let Property Campaign if you’re an individual landlord renting out residential property. This includes you if you’re: renting out a single property renting out multiple properties a specialist landlord, eg student or workforce rentals renting out a room in your main home Read more about Let Property Campaign – Gives residential landlords the opportunity to bring their tax affairs up to date[…]

HMRC: The Non-resident Landlord Scheme

The Non-Resident Landlords (NRL) Scheme is a scheme for taxing the UK rental income of non-resident landlords. The scheme requires UK letting agents to deduct basic rate tax from any rent they collect for non-resident landlords. If non-resident landlords don’t have UK letting agents acting for them, and the rent is more than £100 a Read more about HMRC: The Non-resident Landlord Scheme[…]