The Big Landlord Tax Increase : How to Beat the Cut in Mortgage Tax Relief - 2018/19 Edition

Publication date: April 2018 ? Plain English guide with dozens of examples and tax planning tips. Many landlords will see their tax bills increase significantly as the tax relief on buy-to-let mortgages is reduced further. The way the change has been designed also means that many landlords who are currently basic-rate taxpayers will end up paying tax at 40% and some landlords will face other tax stings, including losing their child benefit and income tax personal allowance, as well as paying tax at the 45% additional rate. In some cases the result will be a significant drop in income (50% in one of the examples). This guide explains how the new rules operate and what you can do to beat the tax increase, including: Transferring properties to your spouse/partner Using a company Selling property Reducing your buy-to-let mortgages Using alternative investment structures Increasing or postponing tax deductible expenses Bringing forward finance costs Taking bigger dividends now (if you have another company business) Becoming non-resident Making pension contributions