Together with Arnolds Keys, Cozens-Hardy LLP and the Mortgage Advice Bureau, M+A Partners hosted the annual Landlord Roadshow at The Forum on 25 September, welcoming guests for an evening of property insights and investment options.

Our panel of speakers covered everything from what tenants look for in a property, to where to look for demand, the types of property to invest in, how to finance your investment and the legalities – covering residential, holiday lets and commercial.

As the representative Chartered Tax Adviser of M+A, I focused on the tax implications of being a landlord. There have been, and there continues to be, significant tax changes that will heavily impact landlords if they are not equipped to respond to the new regulations.

From April 2020, adjustments to the availability of lettings relief (which will be limited to properties where occupancy is shared between owner and tenant) may mean a tax loss of £11,200 for an individual and double that for co-owners.  Acting ahead of this date could result in a considerable tax saving.

The main residence end period of occupation will also move from 18 to 9 months.

In regards to Capital Gains Tax (CGT), the disposal of residential property by UK residents after 6 April 2020 will require a HMRC return and payment of CGT within 30 days of completion.

Find out more about Changes to Private Residence Relief here.

The Landlord Roadshow continues to be the ideal forum for us to communicate and discuss the various elements of tax associated with being a landlord and the options available to maximise your investment.

Thank you to all of our clients that came along to this year’s Roadshow, and I look forward to welcoming you to similar events in the future.

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