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  • Products and Services

    Free Section 24 Survival Guide



    The following is a sponsored post on behalf of Mortgages For Business.

    Historically, residential landlords could deduct all of their mortgage interest and other finance costs from rental income before calculating tax. But not any more.

    April 2017 brought with it a new fiscal regime which is slowly phasing out this tax relief and replacing it with a calculation which means that most landlords will pay more income tax.

    The following guide from Mortgages for Business explains how landlords will be affected and what they can do about it.

    Including:

    ·         Section 24 explained

    ·         Calculating tax relief on finance costs

    ·         Impact of the changes to tax relief

    ·         Options for mitigating losses

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