If you are a Landlord with properties owned in your own name, then you should be considering completing your tax return now, if you have not already done so. This is to ensure you get the deadline for filing of 31 January 2020.
Just remember that Section 24 (the interest rate restriction) is being introduced so this year only 50% of the interest paid will be fully allowable and the remaining 50% will be brought into your tax calculation as a tax credit after calculating the tax liability due.
If you need any assistance, please contact us.
October 10th, 2019