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Buy to Let – What are the consequences for landlords?

The Buy to let market has seen a series of changes over the past few years designed to restrict the benefits for many of owning more than one residential property. With the new Stamp Duty Land tax charges now in place and changes to mortgage tax relief on the way the effects of these measures[…] Read more »

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Tax treatment of car washing expenses

Autumn is with us, the roads are getting dirty and our clients may be washing their cars more frequently.  Here is a brief summary of the tax issues to consider on car washing expenses: If the employer meets the cost of a car wash for a company car, no tax liability will arise on the[…] Read more »

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Blow for Landlords’ Tax campaigners

Landlords campaigning to bring a judicial review of the new legislation which cuts tax relief for mortgage interest have been unsuccessful at the High Court.  The proposed changes, which will start to take effect from April 2017, will ultimately see the tax relief on financing costs reduced to 20% instead of the taxpayer’s top marginal[…] Read more »

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