What 2024 Tax Changes Meant for Buy-to-Let Planning

2024 Landlord Tax Changes affecting UK rental property costs and tax liabilities.

2024 Landlord Tax Changes: The 2024 tax position gave landlords more than one figure to consider. The Capital Gains Tax allowance fell to £3,000 from 6 April 2024. However, the higher residential property CGT rate also fell from 28% to 24%. Individual landlords continued receiving only basic-rate tax relief on residential mortgage finance costs. Therefore, […]