• The removal of mortgage interest tax relief has had a significant effect on the buy to let market since its phased reduction was announced in 2017.With landlords no longer able to deduct mortgage interest from their rental income, it’s never been more important for you to understand the tax implications that impact your clients.

    Being aware of the increased tax liabilities on their cash flow and profits will help you understand the complexities of the mortgage requirements when you’re putting the case together.

    Working with EY, Kent Reliance for Intermediaries have released their latest buy to let Tax Guide: UK tax relief on finance costs, which contains information on who the rules affect, a reminder of the previous rules, what the current rules are, an explanation of the finance costs involved and the key implications. This guide could support you in understanding the decisions landlords need to make about running their rental businesses.

    You’ll also find the latest updates on:

    • The use of limited companies
    • Capital gains tax
    • Stamp duty land tax/land and buildings transaction tax
    • Inheritance tax
    • The use of trusts
    • Income tax and corporation tax

    Download a copy of the guide today

    Speak to your business development manager to find out more about our new product range. Alternatively, you can call our broker liaison team on 01634 835791, or contact them via Live Chat.

    Please note: This material has been prepared for general informational purposes only. Please refer to a specialist tax advisor for specific advice.