What Solihull Landlords Need to Know About the Latest Property Tax Changes
Do you know the newest rules that are being implemented for landlords in Solihull? Each year, the administration brings some reforms and regulations that make it difficult for property owners to earn some extra profits while staying compliant. Whether you are renting a property or an entire mansion, knowing about new rules is necessary for some tax saving. That's why you need to get in touch with an expert accountant in Solihull for clear guidance, the right planning and knowledge about some tax-saving moves. In this blog, we will discuss some changes in laws to save your day. Latest property law updates in Solihull ● Mortgage interest relief has changed yet again. The first update is done on mortgage interest relief. For many years, landlords weren't allowed to reduce any interest as a business owner; instead, they only got a basic rate tax credit. This wasn't any new law, but it has severely impacted the owners, as they consider this a ve...