Category: tax

NLA in action

NLA in action

This month, Chris Norris, Director of Policy and Practice, outlines how the NLA will respond to the government’s consultation on longer tenancies.   The issue: the government consultation on ‘overcoming the barriers to longer tenancies in the private rented sector’ Summary On 2 July, the secretary of state for communities, James Brokenshire, published an eight-week … Continue reading NLA in action

All you need to know about Section 24

All you need to know about Section 24

Thousands of buy-to-let landlords are in for a shock when they get their tax bills for the 2017/18 financial year. In what has widely been described as an ‘assault’ on landlords, the government is gradually phasing out the 100 percent tax relief on mortgage interest and other finance costs that landlords previously enjoyed.   What’s … Continue reading All you need to know about Section 24

I predict a riot! The story of local government finance…..

In council chambers up and down the country, local politicians will spend the next few weeks standing up and forcefully extolling how active they are in protecting front line services, how unfair central government cuts are, and perhaps most vigorous of all will be their explanation of how they are doing their very best for … Continue reading I predict a riot! The story of local government finance…..

New Year, New Laws – What will 2018 have in store for landlords?

New Year, New Laws – What will 2018 have in store for landlords?

Looking back at the NLA’s 2017 New Year blog, you would be forgiven to think that time stood still for a whole year. In reality, the snap general election called by Theresa May was the equivalent of smashing a big PAUSE button on the work many Government Departments were undertaking. As such, many of the … Continue reading New Year, New Laws – What will 2018 have in store for landlords?

Is Your Building Insurance Premium About To Rocket?

NLA Property Insurance gives you the lowdown on the latest hike to Insurance Premium Tax (IPT). Well they may not exactly rocket, but they are set to rise potentially by as much as £12.50 per policy, due to a yet another jump in IPT from 1 June 2017. The changes, which come in under the Finance … Continue reading Is Your Building Insurance Premium About To Rocket?