- Buy-to-let landlords should be doing their sums as new rules start to take effect.
- More advice from HMRC
- Keeping up to date with Council Tax bills.
The new financial year sees major tax changes for some landlords starting to take effect from this month. I won’t go into detail –I’m just going to link straight to the relevant gov.uk page but if you are a buy-to-let landlord, please read this and make sure you have your calculator handy to can work out how it will affect you. For some landlords, these changes will be very significant so please don’t ignore this issue.
We also blogged recently about online help from HMRC for landlords who want to make sure they are up to date and fully compliant with their responsibilities. HMRC are about to host another interactive ‘webinar’ on tax and income from properties. You can book a place for free and also find general information below:
Finally … don’t forget, if your tenant moves in or out of a property, tell us as soon as possible, to help us get your Council Tax bill right. The best way of keeping in touch with us is via our new ‘MySandwell’ account which you can use for a whole range of actions on your account.