Tag: tax

NLA in action

NLA in action

This month, Chris Norris, NLA Director of Policy and Practice, is hopeful as the government considers a tax break for landlords that the NLA has been recommending for years. The NLA is working closely with ministers to tackle energy-efficiency challenges for landlords and is also trying to find out what Right to Rent will mean … Continue reading NLA in action

What’s in the Budget?

What’s in the Budget?

The Chancellor surprised everyone by announcing that the Budget would take place on Monday, 29 October, much earlier than expected since Brexit negotiations conclude at the end of November. While the Conservative Party conference earlier this month revealed only a handful of major policy announcements, the Budget is likely to look to strengthen the UK’s … Continue reading What’s in the Budget?

All you need to know about Section 24

All you need to know about Section 24

Thousands of buy-to-let landlords are in for a shock when they get their tax bills for the 2017/18 financial year. In what has widely been described as an ‘assault’ on landlords, the government is gradually phasing out the 100 percent tax relief on mortgage interest and other finance costs that landlords previously enjoyed.   What’s … Continue reading All you need to know about Section 24

It was better when they forgot all about the PRS

For some people, (teachers and dare I say Tube staff)[1] the summer months are a time of winding down at work, quiet relaxation and holidays with family and/or friends. For the policy team at the NLA however, the last few months have been very eventful. What are we playing at? No we haven’t been gripped … Continue reading It was better when they forgot all about the PRS

Taxing Times Ahead

This was billed as a ‘big’ Budget, and frankly the best opportunity George Osborne would have to drive through the difficult financial policies which he may deem necessary to meet the Government’s objectives. However, it has also proved a significant – if not outright damaging – budget for private landlords in the UK where Mr … Continue reading Taxing Times Ahead