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Capital Gains Tax changes coming into force

From the start of the new tax year (April 6th) Landlords will only be able to claim lettings relief if they share the property with their Tenant. Currently if you sell a residential property which used to be your private residence (and have subsequently rented it out), it is possible to deduct lettings relief up to a value of £40,000 from any capital gain.…

Government proposes largest tenure reform in thirty years!

The government has said it wants to ban outright Section 21 ‘no fault’ eviction powers in England and Wales. Instead landlords seeking to evict tenants would have to use Section 8, which can be implemented when a tenant has fallen into rent arrears, has been involved in criminal or antisocial behaviour or has broken terms…