April 25, 2019
2019 Tax Guide for Landlords
As you’ll be well aware, the private rented sector (PRS) has changed considerably in recent years. It now accounts for almost 20% of households nationwide and nearly 30% of households in London.
With significant growth comes great opportunities for landlords – tenant demand in the capital is at an all-time high and average rents have been rising steadily over the last decade.
However, the growth of the PRS has also attracted the attention of the government. The result of this has been a cooling of the buy-to-let market with the aim of helping first-time buyers onto the property ladder.
One area that the government has targeted is landlord taxes and it’s undeniable that a series of measures and regulations have made letting a property more challenging. As the tax landscape for landlords continues to change and becomes increasingly complex, it’s vital that you’re aware of the latest rules and any future changes which could affect your property portfolio.
That’s why we’ve created this timely guide to help you navigate your way around the landlord tax system in 2019. With the right procedures and strategies in place, London landlords can still make a fantastic return on investment.