Changes to Buy-to-Let Landlords for 2019/20

Buy to Let

 

On April 6 the next stage of the phased removal of mortgage interest relief will come into effect. Landlords used to be able to colaim the interest paid on their mortgages as a business expense to reduce their tax bill. Now they will only be able to claim a quater of this amount as tax deductible ahead of the complete removal of the relief next year.