| 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. |
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| The guide written with EY 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. |
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Please note: This material has been prepared for general informational purposes only. Please refer to a specialist tax advisor for specific advice.
