Buy-to-let taxation: property incorporation - part 3

In part three of our exclusive series on buy-to-let taxation, Lucy Brennan, private wealth partner at Saffrey Champness considers the merits of incorporating your property portfolio, particularly in light of tighter rules on tax reliefs for landlords

Recent changes to the tax system have had a significant impact on the buy-to-let property market, with concerns being raised that reforms will have an adverse effect for tenants as well as landlords.

In particular, from April 2017 individual landlords (as opposed to companies) will begin to pay tax on their rental profits from residential properties excluding finance costs, as opposed to the tax on the profit including finance costs which the current system entails.

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