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The buy-to-let industry has enjoyed something of a boom in recent years, and there have been some significant changes to the legislation governing property rentals. There are a number of key issues for landlords and aspiring investors to consider.
The experts here at 1 to 1 Accountants Limited can assist you in minimising your liability to income tax on rents received; calculating the income tax due after having deducted any allowable expenses; and considering how the latest legislative changes may affect your finances.
The team at 1 to 1 Accountants Limited will also analyse whether you are eligible for the relief that enables landlords of residential dwellings to deduct the costs incurred from replacing furnishings, appliances and kitchenware in their property.
If you are looking to invest in a buy-to-let property and require sound and effective tax planning and advice, contact 1 to 1 Accountants Limited today.
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