by steve james | Feb 7, 2023 | Tax, Tax and Financing
Wear and Tear Allowance and Replacement Relief: tax reform guide Prior to 2016, landlords could use Wear and Tear Allowance to claim back expenses for replacing furniture in their property. However, along with a raft of changes to taxation rules in the the private...
by steve james | Feb 6, 2023 | Tax, Tax and Financing
Section 24: buy-to-let tax relief rules explained The tax year 2020/21 was the first year under which the provisions of Section 24, which have been phased in slowly since 2017, finally came into full effect. These tax reforms have substantially reduced the amount of...