The buy-to-let Budget headline you didn’t see
The Autumn Budget contained more bad news for many buy-to-let investors which went largely unnoticed. April 2018 will see the next step down in mortgage interest relief for investors in buy-to-let (BTL) residential properties. The amount of interest that can be offset against rental income drops from 75% to 50%, with a corresponding increase to […]
The quiet NIC increases
The first Budget of 2017 in March hit a serious obstacle when the Chancellor attempted to raise national insurance contributions (NICs) for the self-employed. This time around he was subtler in his approach. When Mr Hammond announced an increase to Class 4 NICs in the spring Budget, partly to offset the end of Class 2 […]
